Tag: J.M. Smucker
Investors See Weak Earnings in Packaged Food as an Opportunity
The tough economic environment lately seems concentrated among lower-income consumers. Executives at Campbell and McCormick have pointed to particular weakness with that group.
Split Decision: Kellogg’s Future Murky After Morphing into Two Companies
During the financial crisis of 2008-09, the idea of a “bad bank” came into vogue. With financial institutions worldwide weighed down by non-performing mortgages, industry professionals argued that the proper path was to simply move …
How Food Businesses are Fighting Inflation
The Federal Reserve raised its median forecast for inflation this year, projecting consumer prices will rise 3.4% in the fourth quarter compared to a year prior. Since the pandemic began, grocery bills have gone up 8%-9% …