Celsius Holdings Shares Drop 24% Amid Alani Nu Distribution Shift
Celsius Holdings shares plunged as sales may be disrupted by shifting its Alani Nu brand to PepsiCo’s distribution network.
/ 56 items
#Consumer Staples↓
Perrigo Rethinks Its Baby Formula Business
Perrigo reviews its store-brand baby formula business due to quality issues. It is shifting focus to higher-profit health brands instead.
Beyond Meat Delays Earnings to Handle Major Asset Write-Down
Plant-based meat maker Beyond Meat (BYND) delayed its Q3 earnings release to calculate a massive asset write-down.
Kimberly-Clark to Acquire Kenvue in $48.7 Billion Deal
Kimberly-Clark (KMB) announces acquisition of Kenvue (KVUE) for $48.7 billion, creating a global health and wellness powerhouse with 10 billion-dollar brands serving consumers worldwide.
Altria Forecasts a Modest Annual Profit due to Sluggish Tobacco Demand
Altria Group (MO) reports Q3 profit of $2.38B despite 3% revenue decline. Tobacco giant beats earnings expectations but faces vaping challenges and declining cigarette demand.
Mondelez Faces Cocoa Crunch: Profits Fall, 2025 Outlook Revised
High cocoa costs and price hikes hurt Mondelez profit (EPS down 9.5%). Consumer demand fell. 2025 profit forecast cut to -15%.