News & Analysis on the Bakery and Snacks Industries
Confection and snack maker Mondelez’s volumes and market share inched up alongside strong sales in the second quarter despite implementing price hikes similar to competitors that report flat units in the face of inflation.
The German bakery multinational has pledged to source 100% cage-free eggs and egg ingredients across its global supply chain by 2025.
Financial results
The Hershey Company has announced an increase of 5.0% in consolidated net sales and an organic, constant currency net sales also of 5.0%. In its Second-Quarter 2023 Financial Results, it also updated its full-year reported earnings outlook to reflect...