Articles by tag: snacks
Watch as Carlos Abrams-Rivera, Kraft Heinz Co.’s U.S. zone president, discusses the company’s decision to sell its Planters snack brand to Hormel Foods Co. for $3.35 billion and says Kraft Heinz is in good shape to manage inflationary pressures. He speaks on “Bloomberg Markets: The Close.” Transcript below — Host: It’s all about private label […]
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Food & Beverage
Why Pepsi is Fairing Better than Coke Mid-Pandemic
Pepsi surprised investors last week with their Q1 earnings, which showed impressive sales gains across most of its product portfolio as consumers stocked up to eat at home during the coronavirus pandemic. What has led Pepsi, who owns Frito Lay and Quaker Foods, to do so well where Coke has fallen behind? On this […]