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☆ PepsiCo beats earnings estimates, raises full-year outlook even as higher prices hurt demand
▼ + stars: | 2023-07-13 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts' expectations, despite falling demand for its drinks and food. Shares of the company rose more than 2% in premarket trading. But the company's volume fell as higher prices for its snacks and drinks hurt demand. Quaker Foods North America's volume shrank 5%, and Pepsi's North American beverage unit reported volume fell 4.5% in the quarter. However, Frito-Lay North America was one bright spot, reporting 1% volume growth.

Persons: Ruffles Organizations: Pepsi, PepsiCo, Refinitiv, Quaker, Frito, Lay, Lay Minis Locations: Crockett , California, America

☆ ‘Girl dinner’? It’s a trend that’s for everyone and it’s perfect for summer
▼ + stars: | 2023-07-11 | by ( Casey Barber | ) edition.cnn.com time to read: +4 min

CNN —Although the so-called “girl dinner” is being popularized by young women promoting throw-together meals on TikTok, it’s in fact an inclusive meal. I’m a middle-aged girl, and this is the style of meal I’ve been calling “snack dinner” for years. The original “girl dinner” TikTok video, posted by Olivia Maher, featured a countertop spread of grapes, cornichons, bread and cheese. There are really no rules for preparing the perfect "girl dinner" — start with your favorite snack elements and expand from there. Your solo snack plate dinner doesn’t have to include bread, cheese or charcuterie if that’s not your personal preference.

Persons: Olivia Maher, Curly Courland, that’s, I’d, it’s, you’ve Organizations: CNN, Getty Locations: snacking

☆ Is It a Meal? A Snack? No, It’s ‘Girl Dinner.’
▼ + stars: | 2023-07-08 | by ( Jessica Roy | ) www.nytimes.com time to read: +1 min

It’s 90 degrees outside, and you’re too hot and exhausted from a long day of work to cobble together a proper meal. Luckily you’re home by yourself — no kids, no roommates, no partners — and therefore can eat whatever you want for dinner, without having to consider the food preferences or nutrition needs of others. Welcome to “girl dinner.”According to TikTok, where the trend has more than 30 million views, girl dinner is akin to an aesthetically pleasing Lunchable: an artfully arranged pile of snacks that, when consumed in high enough volume, constitutes a meal. Typical girl dinners may include some kind of fruit, a block of cheddar, sliced salami, a sleeve of fancy crackers and a dish of olives. Girl dinner is “both chaotic and filling,” as one TikTok commenter put it, requiring none of the forethought, cooking or plating demanded by an actual meal.

Persons: you’re, commenter, Olivia Maher, ” Locations: TikTok

NEW YORK, July 5 (Reuters) - Family-owned food giant Mars Inc on Wednesday agreed to buy Kevin's Natural Foods, which is known for its sous-vide meals, sauces, and side dishes, the companies said. McLean, Virginia-based Mars, which generates about $48 billion in annual sales, has three major businesses - Mars Petcare, Mars Snacking, and Mars Food & Nutrition. After the deal is completed, Kevin's will operate as a standalone brand under the food and nutrition unit. Mars plans to grow its food business through more potential acquisitions in the near term, said Shaid Shah, global president at Mars Food & Nutrition. McCray launched Kevin's after he was diagnosed with an autoimmune disorder, as he wanted to build a food brand that focused on healthy diets.

Persons: Kevin's, Mars, Canin, Shaid Shah, Shah, Dan Costa, Kelsie Costa, Olson, Kevin McCray, McCray, Simpson Thacher, ArentFox Schiff, Sheppard Mullin, Anirban Sen, Abigail Summerville, Jamie Freed Organizations: YORK, Mars Inc, Mars Food, Nutrition, Mars, Heska Corp, Towerbrook Capital Partners, NewRoad Capital Partners, Unilever, Flagstone Foods, Campbell Soup, Citi, Burling, Wells, Wells Fargo Securities, Thomson Locations: McLean , Virginia, Modesto , California, North America, Bartlett, Covington, Wells Fargo, New York

☆ Depending on who you ask, BlackRock just saved, or killed, crypto
▼ + stars: | 2023-06-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Today we've got stories on a startup helping you build your credit with rent payments, Wall Street reentering the home-buying frenzy, and how to cut out late-night snacking. But that hasn't stopped critics from painting BlackRock's filing as part of a wider power shift in crypto benefiting traditional financial firms. (It's worth noting that the announcement coincides with the launch of EDX Markets, a crypto exchange backed by Wall Street royalty like Citadel Securities, Fidelity, and Charles Schwab, per The Wall Street Journal.) Wall Street isn't in the business of supporting causes that could put it out of business. By partnering with traditional finance firms, crypto companies are letting the fox in the hen house.

Persons: Dan DeFrancesco, we've, Andrii Shyp, Arif Qazi, Wall, Insider's Rebecca Ungarino, Rebecca, Morgan Chittum, hasn't, Charles Schwab, I've, Read, Teresa Heitsenrether, Here's, We're, Netflix's, Jeffrey Epstein, Epstein, Bel, Gary Winnick, Kaja Whitehouse, Nathan Rennolds Organizations: EDX, Wall, Citadel Securities, Fidelity, Street, JPMorgan, Bloomberg, Netflix, US Virgin Islands, Bel, Air, LinkedIn Locations: BlackRock, New York, London

☆ Saudi Arabia and China Flaunt Growing Ties at Investment Forum
▼ + stars: | 2023-06-12 | by ( Vivian Nereim | ) www.nytimes.com time to read: +1 min

The message at an Arab-China business forum hosted by Saudi Arabia this week was not particularly subtle, as hundreds of Chinese officials and executives gathered beneath giant chandeliers, smiling for selfies and snacking on organic dates. “If you want a trusted partner in the world — one of the best partners in the world — it’s the People’s Republic of China,” Mohammed Abunayyan, the chairman of a Saudi renewable energy company, declared from the stage, to resounding applause. “China is a partner you can depend on,” he said on Sunday, the first of two days of meetings. Yet at the conclusion of Mr. Blinken’s visit on Thursday, the Saudi foreign minister said that while the kingdom values its close relationship with the United States, it has no plans to distance itself from China, its top trading partner. Saudi officials often complain that they feel like they cannot rely on the United States, their historical security guarantor, and are seeking to forge a more independent foreign policy.

Persons: ” Mohammed Abunayyan, ”, Antony J, Blinken, Blinken’s Organizations: U.S, State, ., Saudi Locations: Arab, China, Saudi Arabia, People’s Republic of China, Saudi, United States

☆ Having more pythons in Florida is actually increasing the rat population because they're killing the other predators, scientists warn
▼ + stars: | 2023-06-08 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +4 min

It may be good news for the cotton rats, but it could spell serious danger for humans. But one thing they don't seem to have a taste for is cotton rats. So much so, scientists warn that cotton rats "now dominate the community" in parts of the Florida Everglades where pythons are prevalent, wildlife ecologist Robert McCleery told LiveScience. They found that death rates for cotton rats were about the same in both regions. Let's say a mosquito bites an infected cotton rat and then later feasts on your blood — you could become infected.

Persons: —, Robert McCleery, LiveScience, McCleery, Rhona Wise, It's Organizations: Service, Getty, Geological Survey Locations: Florida, Fort Lauderdale , Florida, they're, Asia

☆ Hostess Brands CEO Andy Callahan sits down with Jim Cramer
▼ + stars: | 2023-06-02 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Hostess Brands CEO Andy Callahan sits down with Jim Cramer'Mad Money' host JIm Cramer sits down with Hostess Brands CEO Andy Callahan to discuss the state of snacking, sugar-free offerings, and more.

Persons: Andy Callahan, Jim Cramer, JIm Cramer Organizations: Hostess, Hostess Brands Locations: snacking

☆ 5 healthy habits that take five minutes or less
▼ + stars: | 2023-05-19 | by ( Dana Santas | ) edition.cnn.com time to read: +5 min

If you’re still not convinced you can find the time, consider reclaiming those minutes from a less productive, time-consuming activity. Focus on your breathWant to reduce stress and boost your physical and mental health almost immediately? Accessibility is a significant factor in our ability to make healthy choices, so taking five minutes to prep fresh foods for snacking can be impactful. Taking it a step further (pun intended), walking for five minutes every 30 minutes produces an immediate measurable reduction in both blood pressure and blood sugar, according to a recent study. With consistent practice, they can become sustainable healthy habits that will deliver wellness-boosting benefits over your lifetime — a potentially longer lifetime because of those five-minute habits!

☆ America’s Snacking Binge Shows No Sign of Slowing
▼ + stars: | 2023-05-15 | by ( Jesse Newman | Jaewon Kang | ) www.wsj.com time to read: 1 min

U.S. consumers are gorging on snacks, fueling boom times for cookie and candy giants while other packaged-food companies vie for bigger shares of the snack aisle. Nearly half of U.S. consumers are eating three or more snacks a day, up 8% in the past two years, according to Circana Group, a market-research firm. U.S. snack sales rose to $181 billion last year, up 11% from the year prior, the firm said.

☆ As US military recruitment dips, elite Air Force demo pilots seek to be ‘beacon of excellence’
▼ + stars: | 2023-05-14 | by ( Haley Britzky | ) edition.cnn.com time to read: +9 min

Hampton, Va. CNN —In a small conference room just off a runway at Langley Air Force Base in Virginia, some of the US Air Force’s most elite F-16 pilots were gathered. This year marks the team’s 70th anniversary – it was established in 1953, six years after the Air Force split from the Army and became its own service. A US Air Force Thunderbird F-16D Fighting Falcon flies overhead. US Air Force Thunderbird F-16D Fighting Falcons fly in a diamond formation. Anthony Nin Leclerec/US Air ForceBut Grindstaff, like so many throughout the military, said the Air Force seemed like it would provide him a pathway to more opportunities in life.

☆ How Fashion Got So Crazy: A Brief History of Dressing for ‘Likes’
▼ + stars: | 2023-05-06 | by ( Faran Krentcil | ) www.wsj.com time to read: +1 min

THE LOUD CROWD Guests in blinding-bright outfits at Copenhagen fashion week in 2021. Photo: Getty ImagesIN SEPTEMBER of 2009, Laurel Pantin, then 24, was late to a show during New York fashion week. “I’d been out the night before at the Alexander Wang party,” said Ms. Pantin, now a 37-year-old consultant and stylist in Los Angeles. When his site posted Ms. Pantin’s photo, she was flooded with messages from friends and acquaintances—many of whom had no connection to fashion at all. Ms. Pantin compared the effect of being photographed on the street to “being the heroine in a movie, except it’s your real life,” she said.

☆ Messy eating habits might reveal elusive black hole
▼ + stars: | 2023-04-25 | by ( Ashley Strickland | ) edition.cnn.com time to read: +3 min

The clues uncovered in the experiment might help astronomers find intermediate-mass black holes by searching for evidence of their behaviors. During the simulations, the intermediate-mass black hole snagged the star in its orbit, and each time the star made another lap, the black hole took another bite out of it. Each flare is brighter than the last, creating a signature that might help astronomers find them.”The search for elusive black holesAstrophysicists are still trying to prove if intermediate-mass black holes exist in the first place. The mass of a medium-mass black hole is thought to be between that of a supermassive black hole and a much lower-mass black hole. For example, what appears to be an intermediate-mass black hole might actually be the accumulation of stellar-mass black holes.”During the 3D modeling experiment, stars were able to complete as many as five orbits around an intermediate-mass black hole before being kicked away.

☆ How PepsiCo is trying to get Doritos and Cheetos bags into compost bins
▼ + stars: | 2023-04-19 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

But more chip bags and snack containers being sold also means more waste from plastic and other packaging materials, something PepsiCo is aiming to take on. "Two years ago, if you think about our multipack packages, there was one plastic [packaging] outside, and each multipack serving," he said. McDonald's recently agreed under pressure from activist shareholders to produce a report on reusable packaging in exchange for having a shareholder vote on the issue rescinded. As far back as 2019, both Coke and Pepsi had already cut ties with a plastics industry association, and issued previous goals related to recyclable, compostable and reusable packaging. Taking what it learned from creating the Off The Eaten Path's packaging, Frito-Lay has introduced other packaging made from 85% renewable plant materials that produce roughly 60% lower greenhouse gas emissions than traditional snack bags.

☆ The Other Georgia Welcomes You
▼ + stars: | 2023-04-13 | by ( Tara Isabella Burton | Photographs Francesco Lastrucci For The Wall Street Journal | ) www.wsj.com time to read: 1 min

THE JOVIAL MEN at the top of the Datvisjvari Pass have a rule: Anyone who wants to drive through it must drink a thimbleful of chacha, a local moonshine potent enough to power cars. As I approached, it seemed like this tipsy crew—who were working on the single-lane road leading from Georgia’s capital, Tbilisi, into the mountain province of Khevsureti—had been on a break. They were snacking on khachapuri, the Georgian cheese bread, and knocking back chacha. “You not drink?” They all pointed back down the road with its hairpin turns and verdant forests. In Georgia, there’s only one acceptable answer.

☆ Wetzel's Pretzels is launching a new store concept aimed at Gen Z and millennials – take a look inside
▼ + stars: | 2023-04-12 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Wetzel's Pretzels is launching a new store concept that will sell innovative takes on the typical pretzel. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyCalifornia pretzel chain Wetzel's Pretzels is launching a new store concept specifically targeting Gen Z and millennials. With Twisted, Wetzel's Pretzels will be steering clear of shopping malls. Wetzel's Pretzels CMO Kim Freer told Insider that the company would instead target college towns and power centers, which are outdoor shopping centers with multiple big-box tenants. Wetzel's PretzelsFreer said that Wetzel's Pretzels planned to open around 40 new stores between now and the end of 2023, with at least three being Twisted stores.

☆ Most popular Easter candy by state: Reese's Peanut Butter Eggs reign supreme, while Peeps fall by the wayside
▼ + stars: | 2023-04-09 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +2 min

New data from Instacart reveals the most popular candies for the 2022 Easter season across the US. The 2022 Easter top 10 national treats, according to Instacart:The top 10 most popular Easter candies for 2022. InstacartInstacart also conducted a survey with The Harris Poll of 2,000 Americans, about two-thirds of which said they celebrate Easter. The company also broke the data down by state, and revealed the most popular Easter treat in all 50 states plus Washington, DC. Here's the most popular Easter candy for 2022 by state, along with a breakdown by the numbers, below:

☆ A laid-off Indeed.com employee went on a 'final office snack run' and filled his tote bag with chips and instant noodles on his way out
▼ + stars: | 2023-03-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

He filled up a black bag with an assortment of chips, instant noodles, and other snacks before exiting the office. Jobs portal Indeed.com laid off 2,200 employees, or 15% of its workforce last week. Despite Lee's choice of snacks in the video, he told Insider he prefers healthier snacking choices like nuts and dried fruits. "At the end of the day the snacks had to be cleared out so no harm was done," he told Insider. Indeed.com laid off about 90%, or over 200 employees in Singapore last Wednesday, the country's Business Times reported Friday.

☆ A laid-off Indeed.com employee went on a 'final office snack run' and filled his tote back with chips and instant noodles on his way out
▼ + stars: | 2023-03-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

☆ The 6 best locations for a vending machine if you want to start a 6-figure side hustle
▼ + stars: | 2023-03-17 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +6 min

According to the vending entrepreneur Marcus Gram, younger people use vending machines more than other age groups. "Students have access to the vending machines in their dorms 24/7 and even late at night for classes," he said. "Breaks aren't typically long enough for people to go to the store, so they turn to the vending machine." "If you have lashes inside of the vending machine at a hotel, it doesn't necessarily mean that that's going to sell," she said. AirportsAirports have a lot of foot traffic and therefore more opportunity for your vending machine to be visited by travelers.

☆ What’s Kellanova? How Kellogg’s Snack Company Got Its New Name
▼ + stars: | 2023-03-15 | by ( Jesse Newman | ) www.wsj.com time to read: 1 min

Kellogg Co. is christening its global snacking business Kellanova, following a long tradition of companies borrowing from Latin as they rebrand themselves. By combining the “Kell,” from Kellogg, with “anova,” which incorporates the Latin word “nova,” meaning new, the name reflects the company’s past and its future, according to Kellogg.

☆ Kellogg's snacking unit, which includes Cheez-It and Pringles, gets a new name: Kellanova
▼ + stars: | 2023-03-15 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Kellogg brand Cheez-it crackers arranged at a supermarket in Dobbs Ferry, New York, US, on Wednesday, June 22, 2022. Kellogg Co. said it will split into three independent companies, sparking a rally in the food conglomerates shares. Kellogg on Wednesday revealed it will name its snacking unit Kellanova as part of its plan to separate into two independent public companies. Kellanova, which will include brands like Pringles and Cheez-Its, will retain the "K" stock ticker currently used by the food giant. The North American cereal unit will be renamed WK Kellogg Co.

☆ Kellogg has a new name for its snack spinoff: 'Kellanova'
▼ + stars: | 2023-03-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Kellogg has picked a name for its new spinoff companies. As for “WK Kellogg Co.,” well, that’s a little more straight forward because its named after company founder William Keith Kellogg. Employees helped decide the names, Kellogg (K) said. Kellogg (K)” and others that included a variation of the word “nova.”Despite the silly sounding results, landing on a spinoff name is harder than it looks. Kellanova is using the NYSE ticker symbol “K,” while ticker and exchange information about “WK Kellogg Co.” will be announced in the coming months.

☆ Kellogg is giving its Pringles and Cheez-It business a new name with classical Latin twist. It's the latest company name to incorporate the 'dead' language.
▼ + stars: | 2023-03-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Kellogg is renaming its snack business "Kellanova" — a combo of Kellogg and a Latin word for "new." Kellogg is naming its snacking division "Kellanova," the latest step in breaking up the company, it said on Wednesday. The name draws inspiration from the Kellogg name and a common Latin word, Kellogg CEO Steve Cahillane said in a statement. Etsy and Mondelez are among other companies with Latin namesKellanova is hardly the first company rebrand to draw inspiration from Latin. Before that, cigarette maker Philip Morris said it would change its name to "Altria" in an allusion to the Latin word for "high," the Journal reported in 2001.

☆ Campbell Soup lifts annual sales forecast on robust snack demand
▼ + stars: | 2023-03-08 | by ( ) www.reuters.com time to read: +2 min

March 8 (Reuters) - Campbell Soup Co (CPB.N) raised its annual sales forecast on Wednesday, betting on higher prices, improved supply and strong demand for its packaged meals and snacks. Shares of the Prego pasta sauces maker rose about 2% in premarket trading after it also topped market estimates for quarterly sales. Organic net sales in Campbell's snacks division, which represents roughly half of its portfolio, jumped 15% in the second quarter, fueled by robust demand for its brands including Goldfish crackers, Cape Cod potato chips and Pepperidge Farm cookies. The company's net sales rose to $2.49 billion in the quarter ended Jan. 29, from $2.21 billion a year earlier, compared to analysts' average estimate of $2.44 billion in Refinitiv IBES data. The Camden, New Jersey-based soup maker said it expected net sales to rise between 8.5% and 10% in fiscal 2023, compared with its previous forecast of 7% to 9% growth.

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