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quarterly results

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July 27, 2016
Mondelez continues to zealously pursue its CEO Irene Rosenfeld’s mantra – “focus on what we can control”. With that in mind, little has changed this quarter, as the company continued to heavily focus on cost-cutting strategies with the aim of expanding profit margins, with operating income margins up to 15.2%.
June 26, 2016
The first of a 2-part review of the financial performance of pet food manufacturers in Q1 2016 focuses on Nestlé, Colgate-Palmolive and Blue Buffalo. Problems with its Beneful brand acted as a drag on Nestlé’s otherwise strong performance, while Blue Buffalo is now the leading premium brand in North America. Nestlé narrows the gap on […]
June 23, 2016
Michael Kors ended its fourth quarter in the fiscal year, proving speculations wrong on its impending downturn due to rampant expansion in the past five years. With its economy en route to recovery, demand for bags and luggage has picked up in the US, which is helping to bolster the company’s performance, where 70% of […]
March 23, 2016
Consistent with its performance in earlier quarters, Nike Inc delivered another solid quarter in the three months to 29 February 2016, with healthy increases across all geographies and most product categories. Although revenues fell short of the expected US$8.2 billion, net sales were up 8% to US$8 billion, and on a constant currency basis they […]
March 17, 2016
The latest quarterly revision (Q1 2016) of the global packaged food market will understandably be a concern to many in the industry. Forecast projections for the 2015-2020 period have been downgraded from a 2.5% CAGR to 2.3%. This matches similar revisions from key industry players, which are particularly concerned about the impact of an emerging […]
February 18, 2016
Nestlé recorded 4.2% organic growth for the full year of 2015, which, whilst below projections of around 5%, represented a solid performance on the back of the Maggi noodle scandal and a slow performance in China. CEO Paul Bulcke reiterated that the company’s emphasis lies on profitable growth and, more specifically, succeeding in creating a […]

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