In the face of inflation, the U.S. consumer has shown impressive resilience. As a result, branded food manufacturers posted strong pricing-driven profit growth in 2022, and stocks in the sector rose sharply even in a …
2022 was a fantastic year for larger food manufacturers, and there’s one clear reason why: the majors have been able to stress pricing.
Manufacturing companies are seeing increased sales during the pandemic, but some are issuing record levels of debt. Strength in the retail and deli businesses helped push sales up at Hormel Foods Corp. in its third …
