Revenue

Grupo Bimbo has successfully completed it voluntary redundancy program in an effort to create a leaner organization. Pic: Grupo Bimbo

‘Leaner’ Grupo Bimbo reports quarterly loss

By Gill Hyslop

Mexican bakery giant Grupo Bimbo reported a massive 87% second-quarter revenue decline after it took a 1,960m pesos ($105m) charge for a voluntary redundancy program to create a ‘lean organization design.’

PepsiCo's profits were bolstered by its sales of its salty snacks, despite headwinds from its beverage division.

Frito-Lay props up PepsiCo’s profits as soda goes flat

By Gill Hyslop

Pepsi posted a second-quarter profit that topped analysts’ estimates, helped by strong sales of Frito-Lay and other salty snacks, which offset pressures as health conscious consumers shift away from colas.

Aunt Jemima pancakes were one of the products effected by Listeria monocytogenes that caused Pinnacle Foods to voluntarily recall the products from shelves, which ultimately impacted the company's earnings. Pic: Pinnacle Foods

Aunt Jemima recall stresses Pinnacle’s earnings

By Gill Hyslop

Pinnacle Foods’ has posted a steep drop in Q2 earnings after recalling Aunt Jemima pancakes, frozen waffles and frozen French toast from US and Mexico shelves in May following potential monocytogenes contamination.

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