News & Analysis on the Bakery and Snacks Industries
Earnings results
Hostess Brands reported it will focus on future acqusitions beyond the sweet baked goods ca in light of its 9.7% quarterly and 6.7% full-year net revenue increases.
FY2017 financials
Yamazaki Baking Co. posted a 1.1% sales increase, buoyed by Japan’s demand for premium breads, but noted a 14% drop in income for the year ended December 31, 2017.
Mars will leave the industry-developed Evolved Nutrition Label, citing a lack of credibility and consensus, and has called on the European Commission to bring in a pan-EU, mandatory label.