consumer-perception
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Soaring Cocoa Prices Put Spotlight on Hershey, Mondelez Earnings
Date: April 29, 2024
Soaring cocoa prices put spotlight on Hershey, Mondelez earnings By Granth Vanaik (Reuters) – Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to tackle the recent surge in cocoa and sugar prices when they report first quarter results this week. These companies have already been grappling with heightened...
Airport Operator Adp Q1 Revenue Boosted by Post-Pandemic Travel Boom
Date: April 26, 2024
Airport operator ADP Q1 revenue boosted by post-pandemic travel boom By Diana Mandia (Reuters) -French airport group ADP reported on Friday a better-than-expected rise in first-quarter revenue, benefiting from the post-pandemic holiday boom and as travellers splashed more cash on food and drink at its airports. “All segments of activities are growing, especially the contribution...
Unilever Beats Quarterly Sales Growth Forecasts
Date: April 25, 2024
Unilever beats quarterly sales growth forecasts (Reuters) -Unilever’s first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world’s biggest consumer goods companies won back shoppers who had traded down to cheaper products. Unilever, which makes products ranging from Dove soaps to Hellmann’s mayonnaise, said it was confident...
France Orders Retailers to Display Shrinkflation
Date: April 19, 2024
France orders retailers to display shrinkflation PARIS (Reuters) – French retailers will have to notify shoppers when products have been reduced in size without a corresponding cut in prices in an effort to tackle so-called shrinkflation, the finance ministry said on Friday. Shrinkflation has become a headache for consumers and governments alike as households have...
UK Retail Sales Stagnate Despite Easing Inflation
Date: April 19, 2024
UK retail sales stagnate despite easing inflation By Suban Abdulla LONDON (Reuters) -British retail sales stagnated in March despite high inflation easing recently, representing the first time that they have not grown in monthly terms since December, the Office for National Statistics said on Friday. Economists polled by Reuters had mostly forecast sales volumes would...
Danone Beats First-Quarter Sales Forecasts, Keeps 2024 Goals
Date: April 18, 2024
Danone beats first-quarter sales forecasts, keeps 2024 goals By Dominique Vidalon and Richa Naidu PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with all businesses delivering volume growth as the world’s largest yoghurt maker managed to raise prices to cope with higher input costs though at a slower pace than previously. The maker of...