Keith Nunes

1 week ago | bakingbusiness.com | Keith Nunes

SEATTLE — Starbucks chief executive officer Brian Niccol brushed off weak second-quarter results in an April 29 conference call with securities analysts to promote the progress he said the company has made since he took over in September 2024“These results are far below our capability, but I believe they will be temporary because there is so much opportunity in front of us,” he said.

2 weeks ago | foodbusinessnews.net | Keith Nunes

SEATTLE — Starbucks chief executive officer Brian Niccol brushed off weak second-quarter results in an April 29 conference call with securities analysts to promote the progress he said the company has made since he took over in September 2024“These results are far below our capability, but I believe they will be temporary because there is so much opportunity in front of us,” he said.

2 weeks ago | foodbusinessnews.net | Keith Nunes

CHICAGO — The Kraft Heinz Co.’s North America business unit continues to struggle as its net sales fell from $4.8 billion during the first quarter of fiscal 2024 to $4.5 billion during the same period in fiscal 2025. The weakness in the company’s largest business unit combined with an uncertain macroeconomic environment prompted management to lower its outlook for the rest of the fiscal year.

3 weeks ago | foodbusinessnews.net | Keith Nunes

CARROLLTON, KY. — Victory Hemp Foods has expanded a processing line at its plant in Carrollton to meet rising demand for the company’s hemp heart and oil ingredients, according to the company“By launching this processing line, we’re providing our partners with scalable, sustainable solutions that meet the growing demand for high-quality, plant-based nutrition,” said Chad Rosen, chief executive officer and founder of the company.

3 weeks ago | dairyprocessing.com | Keith Nunes

NEW BERLIN, NY — Chobani LLC broke ground April 22 on a $1.2 billion dairy processing plant in Rome, NY. The Greek yogurt, creamer and oat milk manufacturer said the 1.4 million-square-foot facility will feature up to 28 production lines with the capability to process 12 million lbs of milk per day. “New York is where Chobani’s journey began,” said Hamdi Ulukaya, founder and chief executive officer.