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☆ 60 famous foods to try in your lifetime
▼ + stars: | 2024-04-29 | by ( Darcy Schild | Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

Every corner of the world is packed with famous eateries and must-try foods. From Maine lobster rolls to New York bagels, these famous foods should be on everyone's bucket list. AdvertisementFrom Maine lobster rolls to New York bagels, these iconic eats should be on every foodie's bucket list. Insider compiled a list of the most famous foods from around the world in order to determine the top 60 foods everyone should try at least once in their lifetime. Here are 60 famous foods to try in your lifetime.

Persons: — Organizations: Michelin, Service Locations: Maine, New York

☆ A $275 Bus Ticket to the Hamptons
▼ + stars: | 2024-04-28 | by ( Andrew Zucker | ) www.nytimes.com time to read: 1 min

Blade, the helicopter charter company, was founded 10 years ago as a way for commuters going between New York and the Hamptons to avoid vehicle traffic. This May it is introducing a new service, the Hamptons Streamliner, that, starting at $195 a ticket, will take passengers to destinations on eastern Long Island aboard … a bus. Like Blade’s helicopters, seats on which start at $1,025, its buses are marketed as a luxurious option for Hamptons-goers. Seats can recline up to 45 degrees and passengers will be offered free refreshments like espresso martinis, PopUp Bagels and Sweetgreen salads as they make their way from Manhattan to stops in Southampton, Bridgehampton and East Hampton via the Long Island Expressway.

Organizations: Hamptons Locations: New York, Long, Manhattan, Southampton, Bridgehampton, East Hampton

☆ A 38-year-old woman who lost 140 pounds in 2 years says the gamechanger was eating more high-protein foods
▼ + stars: | 2024-04-19 | by ( ) www.businessinsider.com time to read: +4 min

A 38-year-old mom of two said she lost 140 pounds in two years without restricting her favorite foods by eating more protein and tracking her meals. She lost a total of 140 pounds, got rid of sleep apnea, and boosted her energy enough to exercise daily, Pence told BI. Andrea Pence said she lost more than 100 pounds by eating more protein and tracking calories. If you go heavy on protein, you're going to be full." Being mindful of total calories and finding ways to fit in more protein helped Pence enjoy her food while still meeting her goals.

Persons: —, Andrea Pence, Pence, I've, it's, What's Organizations: Service, Business Locations: Tennessee

☆ McDonalds is bringing back bagels to boost California sales after state minimum wage hike
▼ + stars: | 2024-04-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

The popular menu item, plus a $15 million ad buy, could boost sales by 10%, according to Bloomberg. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCalifornia's newly enacted fast food wage hike is already having an effect, though not one lawmakers likely had in mind when writing the law: bagels are back at McDonald's in the state. Related storyMcDonald's told Business Insider that the team's recommendations were based on best practices from other locations where restaurant operators have had to navigate local wage hikes. Scott Rodrick, who owns 18 McDonald's locations in the state, told Business Insider he's already raised menu prices between 5% and 7% since January, but there is a limit to the prices his customers will pay.

Persons: —, Scott Rodrick, he's, Kerri Harper, Howie Organizations: Bloomberg, Service, Golden State, KTLA News Locations: California, McDonald's

☆ Millennials aren't giving up on having a home they love
▼ + stars: | 2024-04-13 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . From the home shortage to having higher debt compared to their parents during the same stage of life, it hasn't been easy. AdvertisementBut millennials, the eldest of the group being in their early 40s, aren't giving up. Still, while some millennials are spending seven figures buying and renovating their homes, others are giving up on homeownership completely. Why Masters merch is so coveted.

Persons: —, let's, Alyssa Powell, millennials, homeownership, they're, Brigette Muller, Kinga Krzeminska, you've, Mikel Jaso, It's, Christian Petersen, merch, Rob Hobson, Rob Hobson Skip, Hobson, bagels, Tyler Le, Patti Stanger, Robert Downey Jr, Brandy Hellville, Kate Taylor, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Business, Service, HGTV, EU, Getty Locations: Brooklyn, Italy, Swiss, New York

☆ Exclusive: On board a B-52 bomber mission to China’s doorstep
▼ + stars: | 2024-04-10 | by ( Oren Liebermann | ) edition.cnn.com time to read: +11 min

Sitting on the massive bomber’s sole bunk, the third pilot on the flight crew, Capt. This year, the Air Force began low-rate production of the Northrop Grumman B-21 Raider, the next generation of stealth bomber. In October, Chinese fighter jets intercepted a B-52 bomber at night over the South China Sea, south of our position. Everyone is tired, especially as we approach the 24-hour mark of the flight, but the mission is not yet complete. On final approach, with Barksdale Air Force Base looming off our nose, the right main gear does not extend.

Persons: Jinan Andrews, Omaha ” Barnett, Sabin “ Jett ”, Michael Maginness, CNN's Oren Liebermann, ”, Jason Armagost, Bo “, Bo “ NATO ” Cain, Oren Liebermann, MYLAR11, Leo “ Swabbie ” Weber, “, Rebecca “ Vulcan ” Moore, Moore, you’ve, Jared Patterson, Avery Bulsterbaum, Andrew Rodriguez, Justin Joyner, Dakeeja Nelson, Veruca Plott, it’s, . Sabin “ Jett ”, Jeremy Harlan Organizations: CNN, US, Barksdale Air Force Base, Boeing, 2nd Bomb, China, Eighth Air Force, “, Air Force, Bo “ NATO, 20th Bomb Squadron, Northrop Grumman, Raider, CNN Staff, US Department of Defense, South Korean Locations: East China, –, Alaska, Louisiana –, Louisiana, Japan, Capt, Jinan, Tramaine, Omaha, Vietnam, Russia, Russia’s, China, North Korea, South Korea, MYLAR11, Beijing, South China, Jinan Andrews

☆ I've studied brain foods for 20+ years—here are 5 of my favorite breakfasts for focus, energy and mental health
▼ + stars: | 2024-04-10 | by ( Dr. Uma Naidoo | ) www.cnbc.com time to read: +1 min

Breakfast provides the brain with its first source of energy every morning. Fueling the brain is key for focus, clarity, and optimal functioning throughout the day. They also contribute to the neuroinflammation (inflammation around the brain) that's associated with brain fog and poor concentration. After that, here are five of my favorite breakfast brain foods. They're rich in key nutrients and functional compounds that promote better energy, clarity, and mental health.

Organizations: Psychiatry, Massachusetts General Hospital Locations: U.S, Massachusetts

☆ ‘Crusty’ and ‘Pillowy’: How N.Y.C.-Style Bagels Made It Big in London
▼ + stars: | 2024-03-08 | by ( Jenny Gross | ) www.nytimes.com time to read: +1 min

The shops have prompted both curiosity and innovation, adding to London’s long history of bagels — or “beigels,” as they were originally known here. Many of the new shops have similar stories: During the coronavirus pandemic lockdowns, homesick New Yorkers in London started experimenting with bagel baking at home. Once the pandemic hit, Mr. Gomez, missing New York and dreaming of bagels, started watching bagel-making videos on YouTube and testing out recipes. Another bagel connoisseur, Francesca Goldhill, of London, spent hours in her mother’s kitchen trying to find a recipe that produced bagels similar to those from Brooklyn Bagel, her favorite when she lived in New York. She opened Bagels + Schmear in Hertfordshire, outside London, in 2022.

Persons: “, Georgia Fenwick, Gomez, Papo’s, “ schmear, Fenwick, Gabriel “ Papo ” Gomez, Francesca Goldhill Organizations: London, Brooklyn Bagel Locations: East London, Dalston, Britain, New York, London, Papo’s, England, Brooklyn, Hertfordshire

☆ Panera Bread franchise owner — and Newsom's donor — is going to raise wages after all
▼ + stars: | 2024-03-06 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Gavin Newsom said he's raising pay at his Panera Bread locations after it was widely reported that they'd be exempt from a new state law boosting the minimum wage. Greg Flynn, the franchise owner of 24 Panera Breads in the state, announced on Tuesday that he would raise the minimum wage at his locations from $16 to $20. This story is available exclusively to Business Insider subscribers. Newsom and Flynn have known each other for years, and Flynn has been a longtime donor to Newsom's campaign, Business Insider previously reported. That connection brought Newsom under fire last week because the state's new law appeared to have a potential, specific exception for Panera Bread.

Persons: —, Gavin Newsom, they'd, Greg Flynn, Newsom, Flynn Organizations: Service, California Gov, Business, Bloomberg, Flynn Locations: California, , California

☆ Panera is exempt from California's fast-food wage increase. A billionaire franchisee previously donated to Gov. Newsom.
▼ + stars: | 2024-03-01 | by ( Ana Altchek | Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Read previewCalifornia's minimum wage increase from $16 to $20 an hour for fast-food restaurant workers, set to go into effect in April, caused a stir among fast-food chains — but not Panera. He owns 12 Panera locations in California. When asked last year about the bread exemption that baffled many, Newsom said, "That's part of the sausage-making," declining to elaborate further. Flynn, in a conversation with Bloomberg, denied having a hand in the bread exemption. A few smaller brands appear to benefit from the carve-out, including Paris Baguette and Great Harvest Bread Co, Bloomberg reported.

Persons: —, Gavin Newsom, Greg Flynn —, Flynn, Taco Bell, Flynn Group's, Newsom, Panera, Paris Baguette Organizations: Service, Flynn Group, Business, Bloomberg, San Francisco Chronicle, Flynn Properties Inc, US Food and Drug Administration, Co Locations: California, Paris

☆ We're DINKs who make $190k a year and work from home. Here's what our typical Costco haul looks like.
▼ + stars: | 2024-02-20 | by ( Jacqueline Gualtieri | ) www.businessinsider.com time to read: +9 min

Here's what my partner and I usually get for $350 in our high-cost-of-living California city. AdvertisementWe usually pick up variety packs of Poppi, which contain prebiotics for gut health and have fewer calories and added sugars than most sodas. There are few places to grab bagels around my home now, so the bagels at Costco are a decent replacement. Instead of using cream cheese, I put Laughing Cow spreadable cheese on my bagel, preferably the light option if Costco has it. It's a good substitute for unhealthier snacks, and a pack of 60 only costs us about $10 at Costco.

Persons: —, we're DINKs, Jacqueline Gualtieri, we're, Ade kombucha, Costco's, Caesar, Costco Jacqueline Gualtieri, Gualtieri, We've, Kirkland Organizations: Service, Area, Business, Costco, Del Real Foods, Kirkland Locations: Central Coast, Monterey, California, Del Real, Italian

☆ Growing up, my family went on simple vacations just a car ride away. We had more time for connection, and I travel the same way with my family now.
▼ + stars: | 2024-02-16 | by ( Caroline Chirichella | ) www.businessinsider.com time to read: +3 min

From when I was around eight years old, my family visited the same place over and over again every summer: Mystic, Connecticut. At just a little over two hours away from my hometown of New York City , Mystic was the perfect destination for a fun, stress-free, easy family vacation. I see how simple these vacations were, but to me, they meant everything. AdvertisementBut for me, vacations are about really connecting and creating long-lasting memories with my family . I want to keep my vacations simple.

Persons: chow, Heck, Mystic, I’m Organizations: Service, New, Business, Boys Locations: , Connecticut, New York City, Mystic, New, Abbott's, Italy, you’re

☆ She arranged a date with a guy she met on a plane. When he didn’t show, she unexpectedly met her future husband
▼ + stars: | 2024-02-09 | by ( Francesca Street | ) edition.cnn.com time to read: +20 min

“I loved London,” Cristina tells CNN Travel today. Matt’s family was staying at Claridge’s, the historic, swanky five star hotel in Mayfair. Matt’s parents knew he was going on a spontaneous date. “And then they would never forward the mail.”Cristina’s idea of writing to Matt’s parents’ address was a good one. After years of working and living in Italy, Matt’s fluent in Italian.

Persons: she’d, Cristina Farina, Cristina, ”, “ Let’s, they’d, “, ” Cristina, Trafalgar Square’s, William Shakespeare’s “ Romeo, Juliet, London Here's Cristina, Matt, Matt Reinecke, Cristina gestured, he’d, Cristina couldn’t, Here's Matt, Cristina he’d, ‘, ’ ”, welling, you’ll, wouldn’t, Weeks, Claridge’s, Matt hadn’t, Read, Matt’s, Matt wasn’t, Florence Matt, Matt reckons they’d, ” Matt, Cristina’s, Davide, Francesca, Cristina Farina Matt, they’re, ” Here's Matt, Ludovica Barone, They’ve, – Organizations: CNN, Florence, Heathrow Airport, CNN Travel, Bond, Cristina’s Locations: London, Trafalgar, California, Claridge’s, Mayfair, Hyde, Italy, Europe, ”, Florence, Greece, San Francisco, Francisco, San Francisco’s, Prato , Tuscany, Thailand, Malaysia, Singapore, Indonesia, Australia, Milan, Turin, Tuscany, American, “, Italian

☆ I tried 28 of Trader Joe's popular dips, and I'd buy at least half of them again
▼ + stars: | 2024-02-05 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +40 min

I tried 28 dips and spreads from Trader Joe's to see which would be the best for a Super Bowl party. As a regular connoisseur of Trader Joe's salsas and spreads, I decided to try some of the chain's most popular dips. AdvertisementThe pimento cheese dip basically was comfort food in a containerTrader Joe's pimento cheese dip was soft and flavorful. VERDICT: I may not be an expert on Southern dips, but Trader Joe's pimento cheese option tasted like a winner. So it was unsurprising that Trader Joe's upgraded version of this familiar favorite turned out to be one of the standout dips I tried.

Persons: Joe's, —, Wilson, I'm, I'd, could've, Savanna, pico de gallo, Wilson I'm, jalapeño hummus, hummus, it's, Wilson It's, tzatziki, Wilson I've, Joe's tzatziki, Margherita, I've, pico, gallo, It's, Wilson Chunky, you've Organizations: Super Bowl, Service, Wilson, Joe's Locations: Buffalo, Savanna, Southern, dill, Joe's Buffalo, Monterey Jack, cayenne

☆ I visited the biggest Great Wolf Lodge in the US, and my family's $335 a-night stay was totally worth it
▼ + stars: | 2024-01-25 | by ( Andrea Mchugh | ) www.businessinsider.com time to read: +11 min

Read previewIn November, my husband and I surprised our 9-year-old daughter and her 11-year-old cousin with a trip to the largest Great Wolf Lodge in the US. There are multiple Great Wolf Lodges in North America, but we visited the one in Perryville, Maryland, about an hour from Philadelphia. Great Wolf Lodge impressed me right off the batThe Great Wolf Lodge had a fairly simple booking process. The standard suite exceeded our expectationsGreat Wolf Lodge has double-queen rooms with simple decorations. Courtesy of the Great Wolf LodgeThis Great Wolf Lodge is the largest in the world at about 48 acres.

Persons: —, Wolf Lodge, Andrea McHugh, I'm, Coyote Cannon, careening, Andrea McHugh MagiQuest, There's, Andrea McHugh Great, Great Wolf Organizations: Service, Business, Lodges, cabanas, Timbers, Great Locations: North America, Perryville , Maryland, Philadelphia, Wolf Lodge Maryland

☆ Loyal Aldi shoppers shared their grocery lists with us — here are the best things they're buying for breakfast
▼ + stars: | 2024-01-24 | by ( Business Insider | ) www.businessinsider.com time to read: +10 min

Read Amanda Turner's full Aldi shopping list: I'm a military wife who drives 90 minutes with my toddler to shop at Aldi. Read Tori Hazelett's full Aldi shopping list: I'm a chef and mom of 2 who loves Aldi. Read Megan Schuett's full Aldi shopping list: I spend $100 a week at Aldi to feed my family of 4. Read Jailynn Taylor's full Aldi shopping list: I shop at Aldi for just myself and spend under $50 a week. Read Lisa Tanner's full Aldi shopping list: I'm a mom of 10 who loves shopping at Aldi.

Persons: —, Courtney Nuss, Read Courtney Nuss, Amanda Turner, Amanda Turner Turner, Read Amanda Turner's, Spencer Morin, Read Spencer, Tori Hazelett, Tori Hazelett Hazelett, Aunt Maple's, Read Tori Hazelett's, Megan Schuett, Megan Schuett Schuett, Megan Schuett Schuett's, Read Megan Schuett's, Jailynn Taylor, Taylor, Lisa Tanner, Lisa Tanner Tanner, Read Lisa Tanner's, Matthew Lesky, Lesky, Read Matthew Lesky's, I've, Meredith Ochs, Ochs, Read Meredith Ochs, Kaur, Rachel Garlinghouse, Rachel Garlinghouse Aldi, Read Rachel Garlinghouse's, Zamot, Dajha, Zamot Zamot Organizations: Aldi, Millville, Service, Aldi Turner, creamer Locations: Millville, Nuss, Aldi

☆ Panera Bread reportedly files to go public again through IPO
▼ + stars: | 2023-12-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Panera Bread has confidentially filed to go public again, the Financial Times reported. The restaurant chain, known for its soups, sandwiches and bagels, has been signaling for months that it's looking to go public through an initial public offering. In May, Panera announced a CEO transition and said the leadership changes were "in preparation for its eventual IPO" — amid a two-year IPO drought that ended in the fall. Mediterranean restaurant chain Cava , whose chair is Panera founder Ron Shaich, was among the trickle of companies that went public this year. JAB also tried to take Panera public again that year.

Persons: Panera, Ron Shaich, Panera isn't, Shein confidentially, Skims, Danny Meyer's Organizations: Financial Times, Investors, Bloomberg, CNBC, Yum Brands, Panera's, Financial, CNBC PRO Locations: Cava, Rye

Learn moreIf you missed out on the best Amazon Prime Day KitchenAid stand mixer and attachment deals in July, you have another chance at scoring discounts. Check out out the best Prime Day deals in our liveblog that will run throughout the event. Right now, one of the top picks from our guide to the best KitchenAid Stand Mixers is on sale. KitchenAid stand mixers are some of our favorite appliances for their versatility and strength to help you make anything from bagels to cookie dough. Prime Day best KitchenAid dealsSee more KitchenAid deals at Amazon.

Organizations: Deal, Black

NEW YORK (AP) — While not one of the major food groups, a bagel and a schmear made of felt might satisfy your appetite for art. Cream cheese, butter, cold cuts, lox — anything that fits on the circular bread is fair game, Sparrow felt. “You are absolutely forcing people to interact with the art that you’re not usually supposed to do in the art galleries," Sparrow said. And while this isn’t her biggest installation, Sparrow admits “Feltz Bagels” presented some challenges. And, of course, the staple of any authentic New York bagel shop: the black and white cookie.

Persons: Feltz, Lucy Sparrow, Sparrow, Lucy’s, “, ”, “ It’s Organizations: Eastern, Swiss Army Locations: British, New York's, New York, East, bodega, “, York

☆ Opinion: Seaweed is nutritious, not slimy. Eating it could save the world.
▼ + stars: | 2023-09-25 | by ( Opinion Vincent Doumeizel | ) edition.cnn.com time to read: +8 min

It can be a nutritious food, an alternative to plastic, restore our oceans and could even help tackle climate change. UliU/iStockphoto/Getty Images Seaweed has become popular in Western baking in recent years. James MacDonald/Bloomberg/Getty ImagesBut just as we are recognizing its untapped potential, seaweed is becoming increasingly vulnerable. California, Norway and Tasmania have all lost more than 80% of their kelp in recent years, the result of climate change, pollution and overfishing. If we learn to sustainably cultivate our ocean, we can contribute to feeding the entire global population while mitigating climate change and restoring biodiversity.

Persons: Vincent Doumeizel, Derek Davis, Dixie, Prannie Rhatigan, Rhatigan, Kate Waters, Natasha Breen, Jun Lee, Jonas Gratzer, James MacDonald Organizations: United Nations, Food, Lloyd’s Register, CNN, Southside Bakery, Portland Press Herald, Washington Post, University of Queensland, Bloomberg, Legend Press Locations: Portland, US, Washington , DC, Asia, Seoul, South Korea, Australia, Jakarta, British Columbia, Canada, California, Norway, Tasmania

☆ Yom Kippur is the holiest day of the year in Judaism. Here’s what that means
▼ + stars: | 2023-09-24 | by ( Sofia Barrett | ) edition.cnn.com time to read: +3 min

CNN —Yom Kippur, or the Day of Atonement, is considered the holiest day of the year for people who practice Judaism. Days are marked sunset to sunset. ‘Days of Awe’Yom Kippur concludes a 10-day period known as the “Days of Awe” that begins with the Jewish New Year, which is called Rosh Hashanah. According to tradition and lore, the origins of Yom Kippur can be traced to Moses’ leading the ancient Israelites out of slavery, as described in the book of Exodus. Abstaining for the dayMost observant Jews also fast from sunset to sunset on the holiday, abstaining from food and water.

Persons: it’s, ”, Moses ’, Moses, you’re Organizations: CNN, Jewish Locations: Yom, Hashanah, Kippur, Sinai, North America

☆ Panera Bread slashes dozens of popular menu items, including kids meals, from certain stores as the chain tries to simplify operations
▼ + stars: | 2023-09-05 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

Panera Bread, which plans to go public, has axed dozens of menu items in select stores. Items on the chopping block include expensive menu items like the steak and white cheddar sandwich. Panera Bread said the move is a test to simplify operations. Panera Bread said the simplified menu is a test. The citrus Asian crunch salad with chicken, priced at $14.69, has also been removed from test stores.

Persons: Bread, Panera Bread Organizations: Service, Deloitte Locations: Wall, Silicon, Orange , California

☆ US Open: Defending champion Iga Świątek stunned by Jelena Ostapenko
▼ + stars: | 2023-09-04 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

1 Iga Świątek on Sunday, eliminating the defending US Open champion in the round of 16 at Flushing Meadows. Ostapenko, the 20th seed in New York, struck 31 winners en route to her victory, ending Świątek’s 75-week run as world No. Belarus’ Aryna Sabalenka is set to take over top spot for the first time after the US Open. “I think the main thing is she doesn’t really like to play big hitters,” Ostapenko told reporters after her win. I’m on the right track,” Wozniacki, the 2018 Australian Open champion, said.

Persons: Ostapenko, ” Ostapenko, “, ”, Elsa, “ I’m, ” Świątek, ” Coco Gauff, New York Ostapenko, Coco Gauff, Caroline Wozniacki, Gauff, Dane, Wozniacki’s, Petra Kvitová, ” Wozniacki Organizations: CNN, Latvian, US Locations: Flushing Meadows, New York, Belarus, Cincinnati

☆ Colleen Hoover is the hottest author in America. She also may be the most controversial
▼ + stars: | 2023-08-27 | by ( Aj Willingham | ) edition.cnn.com time to read: +13 min

“Colleen Hoover books always leave me speechless and in tears,” one TikTok reader said. However, Hoover’s work, she says, blurs that line with the addition of painful – and decidedly non-aspirational – narrative arcs. She pointed out what she saw as a pattern in Hoover’s books of women who endure disturbing behavior from their partners. Probably not.”Blake Lively and Justin Baldoni are set to star in the movie adaptation of Colleen Hoover's book "It Ends With Us." Hoover’s books are cloaked in bright, fashionable colors, and her author website offers boutique-style merchandise with flowers and calligraphy and inside jokes from her books.

Persons: doesn’t, Colleen Hoover, Hoover, ”, Blake Lively, Stephen King, It’s, “ Colleen Hoover, Lily Bloom, Atlas Corrigan, Ryle Kincaid, Lily, Ryle, –, influencer Whitney Atkinson, Atkinson, Colleen Hoover's, AJ Willingham, CNN Atkinson, ” Atkinson, “, ” Hoover, “ I’ve, Jenna Bush Hager, ” Amanda Diehl, Smart, “ I’m, Jennifer Prokop, ” Blake Lively, Justin Baldoni, Critics, ” Prokop, — that’s, problematically, Chick, ” Diehl, Diehl, that’s, it’s Organizations: CNN, New York Times, Trade, YouTube, ” CNN, “ Trade Locations: Texas

Bimbo cut its annual sales forecast to low-to-mid single-digit growth, Chief Financial Officer Diego Gaxiola said in a call with analysts, down from a previous projection of mid-to-high single-digit growth. "Compared to our initial sales guidance, we have an impact of more than six percentage points" due to the strength of the peso, Gaxiola said. Earlier on Tuesday the firm, which sells buns, cakes, cookies, bagels and tortillas across 34 countries, reported that revenues increased 4% to a second-quarter record of 100.37 billion pesos ($5.86 billion) following price hikes, which were also offset by the peso's strength. The strong peso also partially contributed to a nearly 30% drop in quarterly net profit, falling to 4.30 billion pesos, Bimbo said. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter rose 7.8% to 14.00 billion pesos.

Persons: Bimbo, Diego Gaxiola, Gaxiola, Kylie Madry, Aida Pelaez, Fernandez, Brendan O'Boyle, Sonali Paul Organizations: MEXICO CITY, U.S, Thomson Locations: Canada, MEXICO, U.S, Mexico

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