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Food & beverage news & headlines

Latest breaking stories, features and analysis

Starbucks CEO: recovery unfolding ‘faster than we anticipated’
30th October
  • Starbucks reported fiscal fourth quarter results that came in better than expected.
  • While revenue and comps were still negative, other metrics signal a clear rebound from April.
  • CEO Kevin Johnson said the recovery is happening faster than expected.

Latest Food & beverage news

22nd October
Coca-Cola reports £1.33 billion of net income in the fiscal third quarter
22nd October
Chipotle’s revenue jumps 14% to £1.22 billion in fiscal Q3
15th October
Marston’s sales slide 30% in fiscal 2020 due to the Coronavirus pandemic
8th October
Domino’s says Q3 profit and revenue were higher than last year
6th October
Restaurant Group’s loss broadens to £234.7 million in the fiscal first half
1st October
Conagra Brands’ net sales surge 15% in the fiscal first quarter
1st October
Constellation Brands tops Wall Street estimates for earnings and revenue in Q2
1st October
PepsiCo’s net income jumps to £1.78 billion in the fiscal third quarter
29th September
McCormick tops Wall Street estimates for earnings and revenue in Q3
28th September
Cal-Maine Foods reports narrower than expected loss in Q1
24th September
Darden Restaurants’ sales take a hit in the fiscal first quarter
23rd September
General Mills blows past Wall Street estimates in the fiscal first quarter
23rd September
SSP Group forecasts sales to slide by 86% in the fiscal second half
22nd September
A.G. Barr H1 profit slides due to COVID-19 restrictions
17th September
Hilton Food says its adjusted operating profit came in 17.9% higher in H1
11th September
Dave & Buster’s Q2 revenue slides 85% due to COVID-19 restrictions
4th September
Just Eat Takeaway.com says GrubHub is better positioned in the U.S. than its competitors
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