McCormick Faces Margin Pressure Despite Sales Growth in 2026 Outlook
McCormick forecasts lower-than-expected 2026 profits as tariffs, commodity costs, and changing consumer habits squeeze margins despite strong sales projections.
McCormick forecasts lower-than-expected 2026 profits as tariffs, commodity costs, and changing consumer habits squeeze margins despite strong sales projections.
Smithfield Foods acquires iconic Nathan's Famous hot dog brand for $450 million, securing perpetual rights to grow the beloved all-beef frankfurter business.
Kraft Heinz shares fell 5% after Berkshire Hathaway filed to potentially sell its entire 27% stake worth $7.7 billion, marking the end of a disappointing decade-long investment.
BellRing Brands stock rose after Coca-Cola’s CEO highlighted strong demand for protein drinks, signaling continued growth in the protein beverage market.
Beyond Meat introduces carbonated protein drinks through its test kitchen as plant-based meat sales decline. Experts question whether the brand can successfully expand beyond meat alternatives.
Instacart stock falls 3% following Uber's announcement of Kroger grocery delivery across nearly 2,700 stores on Uber Eats, Uber, and Postmates apps nationwide.