Food Business News

Food Business News serves as the essential resource for the food processing sector, offering up-to-date news, information on new products, and insights into food ingredient markets and innovations. It's an unbeatable platform for sharing your marketing message with the $804 billion food processing industry.

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Food Entrepreneur – Taking advantage of tariffs

3 days ago | foodbusinessnews.net | Donna Berry

CHICAGO — Seven startups competed in C.A. Fortune’s Build Tank pitch event on April 24. Prior to pitches, the 10 judges — buyers and supply chain managers from natural and conventional retailers — provided the emerging brands insights on how to best manage the anticipated challenges brought on by the imposition of tariffs and the expected retaliation from affected countries.
Tariffs aren’t impacting Monster Beverage … yet

4 days ago | foodbusinessnews.net | Michael Costa

CORONA, CALIF. — During its 2025 first-quarter earnings call, Monster Beverage Corp. made clear that tariffs aren’t currently affecting the company’s results, due to a combination of localized production for Monster products and hedging strategies on materials such as aluminum. “The impact of tariffs on our operating results was immaterial,” said Rodney Sacks, chairman of the board, co-chief executive officer, Monster.
Archer opening second meat snack manufacturing facility

4 days ago | foodbusinessnews.net | Brooke Just

LOS ANGELES — Archer, formerly Country Archer Provisions, is opening a second meat snack manufacturing facility in Los Angeles. “The explosive growth of our meat stick products made increasing our production capabilities essential, and doing this in Los Angeles was an intentional choice,” said Eugene Kang, founder and chief executive officer of Archer.
J&J Snack takes hit on theater channel weakness

1 week ago | foodbusinessnews.net | Eric Schroeder

MOUNT LAUREL, NJ. — Theater channel weakness, the conclusion of limited-time churro volumes and continued cost inflation dragged down second-quarter performance at J&J Snack Foods Corp. Despite the challenges, Daniel Fachner, president and chief executive officer, said the company is confident the foundation of the business is strong.
Krispy Kreme-McDonald’s partnership takes a pause

1 week ago | foodbusinessnews.net | Jeff Gelski

CHARLOTTE, NC. — Krispy Kreme donuts, which were in more than 2,400 McDonald’s restaurants by the end of the company’s fiscal year first quarter on March 30, will enter no new McDonald’s in the second quarter, Krispy Kreme, Inc. announced May 8 while giving financial results for the first quarter.
Kind ‘welcomes next chapter’ through rebrand

1 week ago | foodbusinessnews.net | Brooke Just

NEW YORK — Kind Snacks is “welcoming the next chapter” and debuting a new visual identity. The purpose of the change is to help consumers find the company amongst crowded shelves in the bar category, according to the Mars Inc. subsidiary. “For 20 years, Kind has been a household staple, beloved by consumers who’ve grown with us through every step of our journey,” said John Olsen, brand director at Kind.
Bunge cites tariff pull-forward effect in Q1

1 week ago | foodbusinessnews.net | Russell Redman

ST. LOUIS — Tariff timing gave Bunge Global SA a late lift in its fiscal 2025 first quarter, as the agribusiness company sustained softer earnings and sales but called results better than anticipated and largely reaffirmed its full-year outlook. “First quarter exceeded our expectations, driven in part by some pull-forward of activity from Q2 into Q1,” Gregory Heckman, chief executive officer of St. Louis-based Bunge, told analysts in a May 7 conference call.
Wendy’s collaborating with Mondelez, Kellanova, Takis in 2025

1 week ago | foodbusinessnews.net | Michael Costa

DUBLIN, OHIO — To help counter weak first-quarter customer traffic — part of an industry-wide slowdown in the quick-service restaurant (QSR) industry — Wendy’s Co. is partnering with Takis, Mondelez and Kellanova for co-branded menu items, hoping to spur sales based on the success of the company’s collaboration with Girl Scouts for its Thin Mint Frosty in February.
Ingredion raises guidance after strong quarter

1 week ago | foodbusinessnews.net | Josh Sosland

WESTCHESTER, ILL. — Thanks in part to surging profits in its Texture & Healthful Solutions business, Ingredion Inc. enjoyed strong first-quarter results and has raised its guidance for full-year results in 2025. “Our strong results demonstrate the company’s continued ability to deliver sales volume and operating income growth,” said James P. Zallie, president and chief executive officer of Ingredion.
Operating profit falls 38% at ADM

1 week ago | foodbusinessnews.net | Jeff Gelski

CHICAGO — ADM’s operating profit fell 38% in the first quarter ended March 31, which included a 52% decrease in its Ag Services and Oilseeds segment. Chicago-based ADM still reaffirmed its full-year guidance of adjusted earnings per share in the range of $4 to $4.75 but expects to deliver at the lower end of the range. ADM’s stock on the New York Stock Exchange closed at $48.32 per share on May 6, up from a close of $47.50 per share on May 5.