Hershey's net sales increased 12.1% to $2.98bn thanks to price and volume gains across both confectionery and salty snack segments, driven heavily by consumer demand and media investments.
After slow start to back-end loaded year, Barry Callebaut reported its sales volume was down -5.1% for the first three months to the end of November 2022 and issued a new lower three-year guidance for growth, citing a return to pre-COVID demand levels.
Hotel Chocolat, the UK luxury high-street brand, has reported a £9.4m pre-tax loss for the year to June, and announced it is scaling back on Christmas discounts in the lead-up to this year’s holiday season.
In its Full Year 2019 results, the company reported quarterly revenue above estimates, helped by growth in demand for its snacks in developing markets in Asia, Middle East and Africa, but said it expects first-quarter revenue will be impacted by the coronavirus...
The maker of KitKat chocolate bars said it is making progress towards 2020 financial goals and plans to return $20bn to shareholders, make more acquisitions and be ‘100% deforestation-free within the next three years’.
Summary: Lindt & Sprüngli Group anticipates continued organic growth of 5-7% for the full financial year. It also expects the operating profit margin (EBIT) to improve by 20-40 basis points in the full year, in line with the mid- to long-term target...
Despite the challenging market environment in 2018, Lindt & Sprüngli Group continued its solid growth path and further extended its leading position in the premium chocolate market, it said as it released its end-of-year financial results.
Led by Harry & David’s 'Share More' digital campaign and a successful holiday season, revenue for 1-800-FLOWERS jumped 8.6% in the second fiscal quarter. The gifting company said it also gained nearly 12% more new customers.
'Smart growth' strategy delivered strong results across all regions, says company as sales volume rise 6.3%, significantly above the growth rate of the global chocolate confectionery market (+1.8%).
