The CEO of Kettle Chips maker Snyder’s Lance says he is ‘not satisfied’ with the company’s H1 2017 performance despite a 3% revenue increase in the second quarter.
Snyder’s-Lance has announced a restructuring plan to drive down costs and complexities, which includes closing its Florida chips plant and retrenching 250 employees.
Snyder’s-Lance will discontinue some of its snack varieties that are expected to only drive a small percentage of the company’s revenues in 2018, CFO Alex Pease said.
Mondelēz’s Teddy Soft Bakes and tortilla chips producer Hain Celestial will be among the 40 plus brands attending Snack Attack 2017 being held in New York City on July 27.
The National Confectionery Association (NCA) has announced the Most Innovative Award winners from nine major candy and snack categories, including chocolate, seasonal, gum and mints, at the Sweets & Snacks Expo this year in Chicago.
Two of the US’ largest snack manufacturers – Amplify Snack Brands and Snyder’s-Lance – are set to meet in court over rival brands of Better-For-You (BFY) popcorn.
Clearview Foods, the better-for-you (BFY) snacking development division of Snyder’s-Lance, has introduced multiple flavors of Veggie Sticks and Fruit Sticks under its Snack Factory brand.
Snyder’s-Lance is introducing a variety of offerings crafted to change the way the world snacks through better ingredients, quality and tastes to US shelves nationwide.
UK business Kettle Foods is diversifying into new snacking avenues such as popcorn and potentially pretzels as it expands overseas with its parent firm.
