Dive Brief: Food-at-home prices increased in April at a 2% annual pace, down from 2.4% in March, according to Consumer Price Index data released Tuesday by the U.S. Bureau of Labor Statistics. Across-the-board inflation ticked down last month to 2.3%,…
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Despite challenges in volume growth, Kraft Heinz Co. reported a decline in volume/mix of 3.5% for fiscal year 2024, with North America experiencing a 4.2% decrease. The company’s organic net sales also fell by 2.1% to $25.9 billion for the…
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Diageo, the parent company of Guinness, is anticipating a potential $200 million impact on its operating profits in the upcoming financial quarter starting in March if tariffs on the U.S. and Mexico are imposed next month. During an earnings call…