All Finance articles – Page 138
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NewsRising costs trigger surge in profit warnings in first half of 2022
A record number of grocery stocks issues profits warnings in the first half of 2022 as spiralling costs squeezed margins and consumers tightened purse strings.
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NewsCapVest enters confectionery market with acquisition of Natra
Established in 1943, the Spanish company specialises in cocoa ingredients and chocolate products for private label and co-manufacturing for other brands.
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NewsMedia Bites 18 July: Starbucks, Fever-Tree, Haleon/GSK
Starbucks is exploring a potential sale of its UK operations as it faces rising costs and competition from newer operators
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NewsCity snapshot: Deliveroo slashes sales outlook as cost-of-living crisis squeezes consumers
Top story Deliveroo has downgraded its sales forecasts for the year as squeezed consumers cut back their spending on takeaways. In a trading update, the group revealed gross transaction value (GTV) growth for the second quarter plunged to just 2%, compared with 12% in the first three ...
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NewsCity News: PepsiCo revenues up, but margins slip
US food and drink giant PepsiCo was the first global fmcg group out of the traps with its second quarter results this week
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Analysis & FeaturesWhy is crowdfunding still right for craft beer brands?
Despite retailers rationalising craft ranges, investors still enthuse
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NewsCity snapshot: FeverTree issues profits warning on soaring costs
FeverTree has lowered its annual profits forecast as a result of increasing cost pressures and labour and glass shortages
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NewsMedia Bites 15 July: Amazon, Pret a Manger, Asda, SSP
Amazon will create more than 4,000 permanent jobs to become one of the UK’s top employers, while Pret a Manger handed a near-£4m share bonus and 27% salary rise to its chief executive.
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NewsTree of Life owner in talks with banks to secure future
The group behind health food distributor Tree of Life is in talks with lenders to secure its future as it battles supply chain issues and rampant inflation, The Grocer has learned.
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NewsNaked Sprout exceeds crowdfunding target to reinvent sustainable tissue category
Eco tissue products challenger Naked Sprout has raised more than twice its targeted goal in a crowdfunding campaign as it seeks to shake up the category and take on sustainable rival Cheeky Panda.
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NewsCity snapshot: SSP Group sales continue to rebound on travel sector recovery
Travel retail player SSP Group has continued to rebuild revenues after Covid, with third quarter sales back up to 87% of pre-pandemic levels. Plus trading updates from McBride and Poundland owner Pepco Group.
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NewsMeat snacks player New World Foods sales jump on protein snacking growth
Kings, Wild West and Cruga owner New World Foods has posted a double digit jump in sales and profits in the run-up to its acquisition by Valeo Food Group last year.
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NewsMedia Bites 14 July: Wetherspoons, Tesco, inflation
A trading update from pub operator JD Wetherspoon is the main retail news in the papers this morning.
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NewsLove Ocean returns to the crowd for further growth funding
The refillable toiletries brand is currently overfunding on Crowdcube
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NewsValeo Foods eyes more deals as it brings in global head of M&A
Deal hungry ambient food group Valeo Foods has signalled its intent to continue a global acquisition spree with the appointment of a head of M&A
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NewsMedia Bites 13 July: PepsiCo, JAB Holdings, Diageo
PepsiCo predicted inflation would stay elevated for the rest of the year, and said it remained open to raising prices further
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NewsCity Snapshot: JD Wetherspoon calls for tax equality with ‘far more profitable’ supermarkets
JD Wetherspoon has called for tax equality between pubs and supermarkets as the group reported its losses for the year would be larger than expected. Plus, spirits group Distil issues a trading update and KKR’s acquisition of drinks bottler Refresco completes.
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NewsCity snapshot: Retail sales fall by levels ‘not seen since the pandemic’
UK retail sales volumes fell back in June at a rate not seen since the depths of the pandemic, as inflation continues to bite, and households cut back spending.
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NewsMedia Bites 12 July: Consumer spending, retail sales, Superdrug
Shoppers are cutting spending on food because of the cost-of-living crisis – but are still splashing out more than before the pandemic on their hobbies and gardens, according to official spending statistics from the Office for National Statistics.
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Analysis & FeaturesShare price slump: who has struggled the most in food and drink?
It’s been a turbulent six months on the Stock Exchange. So who’s struggled the most? Who’s least affected? And is there any stock actually still growing?