food

Kraft Heinz (NASDAQ:KHC) is investing $3 billion to modernize its U.S. factories. According to Reuters, which first broke the news, this is the company’s largest domestic investment in a decade. Kraft Heinz aims to cut costs amid weakening consumer sentiment and lowered financial forecasts....

Performance Food Group Co (NYSE:PFGC) reported third-quarter 2025 revenue growth of 10.5% year-on-year to $15.31 billion, missing the analyst consensus estimate of $15.4 billion. Total case volume grew 10% year over year. The increase in net sales was driven by recent acquisitions, including the...

Aramark (NYSE:ARMK) shares are trading higher on Tuesday after the second-quarter FY25 earnings. The company reported second-quarter FY25 revenue growth of 2% year-on-year to $4.28 billion, missing the analyst consensus estimate of $4.35 billion. FSS United States sales increased 0.4% to $3.1...

Maplebear Inc (NASDAQ:CART) reported first-quarter financial results Thursday after the market close. Shares are moving higher, despite slightly missing analyst estimates. Here’s a rundown of the print. Q1 Revenue: $897 million, versus estimates of $898.02 million Q1 EPS: 37 cents, versus...

Stephens analyst Jim Salera reiterated the Overweight rating on The Cheesecake Factory Incorporated (NASDAQ:CAKE), with a price forecast of $60. On Wednesday, the company reported first-quarter revenues of $927.2 million, up from $891.2 million in the year-ago period. Salera highlighted that the...

Fresh Del Monte Produce Inc (NYSE:FDP) shares are trading lower on Wednesday after the first-quarter full year 2025 earnings. The company reported a first-quarter revenue decline of 0.9% year-on-year to $1.10 billion, missing the analyst consensus estimate of $1.11 billion. The decrease in net...

Yum China Holdings, Inc (NYSE:YUMC) shares are trading lower Wednesday after the first-quarter 2025 earnings. The company reported first-quarter revenue growth of 1% year-on-year to $2.98 billion, missing the analyst consensus estimate of $3.09 billion. In addition: Total system sales rose 2% year...

Goldman Sachs analyst Christine Cho on Wednesday provided a preview of the first quarter for U.S. restaurants. What Happened: U.S. restaurant companies faced a tough start to 2025, with weaker consumer sentiment, weather impacts and tariff uncertainties affecting performance, except for a few like...

DA Davidson analyst Brian Holland on Thursday downgraded the shares of Mondelez International Inc (NASDAQ:MDLZ) from Buy to Neutral and raised the price forecast from $66 to $68. The analyst cited weaker U.S. snack demand, uncertainty in emerging markets, and volatility in cocoa prices as the...

When Chipotle Mexican Grill (NYSE:CMG) reports quarterly results Wednesday, it will have plenty to discuss, including tariffs, a new international expansion plan, and strong year-over-year quarterly visit growth. Here are the analyst earnings estimates ahead of the report and key items to watch....

U.S. health officials announced Tuesday that the Food and Drug Administration will phase out petroleum-based synthetic food dyes by the end of 2026 in a major shift for the nation's food industry. "For the last 50 years, we have been running one of the largest uncontrolled scientific experiments in...

BofA Securities analyst Sara Senatore provides an analysis for restaurant sector performance in the first quarter. Restaurant demand showed mixed results due to weather and a calendar shift, said the analyst. Black Box industry data revealed a deceleration in same-store sales growth (SSSG) across...

Chipotle Mexican Grill Inc. (NYSE:CMG) finds itself in the spotlight again as some Wall Street analysts lowered their price targets prior to the company’s first-quarter earnings release on April 23. These changes are not only important to Chipotle shareholders but also to a small group of...

Bunge Limited (NYSE:BG) shares are trading down Tuesday. The company said it has entered into definitive agreements to sell its North America dry corn and corn masa milling businesses to Grain Craft, an independent flour miller in the U.S. This transaction includes Bunge facilities in Danville,...

Cal-Maine Foods Inc (NASDAQ:CALM) shares are trading lower in Tuesday’s after-hours session after the company reported third-quarter financial results and announced plans to acquire Echo Lake Foods. Q3 Earnings: Cal-Maine reported fiscal third-quarter revenue of $1.42 billion, missing analyst...