Kellanova’s ramped up commercial activity is paying off – helping the snack giant drive higher volume and sales amid challenging macro and industry conditions, which in turn helped convince retailers to accept price hikes, smaller pack sizes and other revenue growth management strategies, executives reported yesterday during the company’s first quarter earnings call.
The proliferation of state legislative initiatives has placed a critical obligation on bakers to meticulously scrutinize their formulations, ensuring that banned ingredients are excluded to enable marketing in specific states. Failure to comply could result in penalties of up to $10,000 per violation.
Kraft Heinz executives are optimistic that the company will hit its full year financial goals despite a rocky start to the year in which organic sales and overall volumes dropped, due in part to a one-two punch of higher prices and less government support to help low-income consumers buy groceries.
The Coca-Cola Company anticipates “flat to modest growth in volume” in North America despite characterizing the US consumer as “in good shape” with only modest “compression” among lower-income shoppers, and reporting positive response to stepped-up innovation, increased distribution and “bigger” in-store displays.
With its vertically integrated supply chain, family-owned North Coast Seafoods connects directly with its fishing partners around the world while providing transparent communications around seafood sourcing to consumers, as Christian L'Heureux, the company's marketing manager, told FoodNavigator-USA.