Food and drink
Coca-Cola revenue rises in fourth quarter, fueled by increased rates
Coca-Cola on Tuesday reported quarterly revenue that beat analysts’ expectations, driven by higher charges on its beverages. But all those bigger prices have damage desire for Coke merchandise like Simply just Orange Juice and Fairlife Milk. Coke stated its unit circumstance volume, which strips out the affect of forex and cost adjustments, fell 1% in its […]
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Restaurant Brands International posts strong fourth quarter, names new CEO
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that fast food burger chain Burger King is misleading customers with imagery that portrays its food, including the Whopper burger, as being much larger […]
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Tremendous Bowl LVII: Eagles, Chiefs, Rihanna and tons of corporate advertisements consider heart phase
Kickoff for Super Bowl LVII is at 6:30 p.m. ET on Fox, but not everyone tuning in to the matchup concerning the AFC champs, the Kansas Metropolis Chiefs, and the class of the NFC, the Philadelphia Eagles, is there for the significant activity. The Super Bowl is advertising’s most important phase, with firms jockeying for […]
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Taylor Swift suggests admirers will ‘get on it’ to lessen egg charges. Here is why fees are so higher
Crucial Details Egg charges in December ended up at history highs for the regular purchaser. Comedian Trevor Noah requested popstar Taylor Swift if she could talk to admirers to aid minimize egg price ranges. Swift claimed they’d “get on it.” Fowl flu has been the main price tag driver, economists mentioned. When individuals may see […]
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Vita Coco wants its coconut water to be your cocktail mixer — and your hangover cure
Vita Coco water. Tim P. Whitby | Getty Images For nearly two decades, Vita Coco has sold its coconut water to health-conscious consumers as a fresh way to hydrate. This year, it’s changing the pitch. The beverage company is pushing its namesake brand into new use cases and occasions, partnering with Diageo on a canned […]
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PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
Pepsi sodas are displayed on shelves at a Walmart Supercenter on December 06, 2022 in Austin, Texas. PepsiCo, the maker of Pepsi soda, plans to cut hundreds of corporate jobs at its North American division according to a news report from The Wall Street Journal. Brandon Bell | Getty Images PepsiCo on Thursday reported quarterly earnings and […]
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Movie theaters get creative with food and drink as they struggle to fill seats
The AMC Empire 25 near Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images Movie theaters have struggled to fill seats during the Covid pandemic, but some are facing another problem — […]
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Wholesale egg price ranges have ‘collapsed.’ Why people may possibly quickly see relief
Key Factors Egg price ranges rose to file highs in December. A dozen large Quality A eggs experienced extra than doubled in selling price all through 2022, on average. A historic outbreak of chook flu in the U.S. disrupted egg production and offer, economists reported. Wholesale egg rates have fallen by additional than 50% since […]
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Goldman Sachs downgrades Tyson Foods, says poultry stock’s trajectory is uncertain after latest earnings
Goldman Sachs’ enthusiasm on Tyson Foods has cooled. Analyst Adam Samuelson downgraded the food producer to neutral from buy after Tyson’s latest quarterly report showed significant underperformance across the company — particularly its chicken segment. The company reported earnings per share of 85 cents for its first fiscal quarter, falling far below a StreetAccount consensus estimate […]
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Amid food inflation, more shoppers turn to dollar stores for groceries
A man looks at frozen foods for sale at a Dollar Store in Alhambra, California on August 23, 2022. Frederic J. Brown | AFP | Getty Images Among all rising costs, sky-high grocery bills have been especially painful. Although the consumer price index, an inflation gauge that measures the cost of a broad basket of goods […]
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