Kraft Mac & Cheese sales drop on food stamp benefit cuts | Crain s Chicago Business chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.
Kraft Mac and Cheese Sales Take a Hit After Cuts to Food Stamps bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Supermarket group Ahold Delhaize reported a stronger than expected fourth-quarter operating margin on Wednesday and said it will maintain "a relentless focus on cost" to protect profitability as slowing food inflation pressures grocers. The group, which operates chains including Stop & Shop, Food Lion and Hannaford in the United States and Albert Heijn and Delhaize in the Netherlands and Belgium, reported an underlying operating margin of 4.3% for the fourth quarter, beating analysts' expectations of 4%. In November, Ahold Delhaize trimmed 2023 earnings guidance after flagging margin weakness in the United States after two years of inflation-driven profit gains across the sector.
Ahold Delhaize Rises Most in a Year as Profit Tops Estimates bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.