Coca-Cola FEMSA, OXXO Deliver Almost 10% Revenue Growth In Q3
Mexican retail and beverage group FEMSA delivered a 9.8% increase in consolidated revenues for Q3 of its 2026 financial year.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Kraft Heinz to divest North America Coffee Business to One Rock Capital Partners
The Kraft Heinz Co. announced that it has entered into a definitive agreement with an affiliate of One Rock Capital Partners LLC, to divest its North America coffee business at an…
Shein to invest €500m in European hub as EU parcel charges hit profits
Shein is investing €500m to expand its European logistics hub in Poland to counter rising EU import charges and speed up deliveries. It said the investment would significantly…
Kraft Heinz To Divest North America Coffee Unit Amid CEO's Turnaround Effort
Kraft Heinz plans to divest its North American coffee business at an enterprise value of $650 million to One Rock Capital Partners.
Ahold Delhaize acquires Tesco in the Czech Republic and Slovakia
Ahold Delhaize has reached an agreement to acquire 100% of Tesco’s Czech and Slovak operations. The retailer says this move represents a significant opportunity to strengthen its…
Heydude wants to sell more in North America, but is unlikely to open new stores
The brand returned to growth in Q3 compared to its weak results last year, thanks largely to wholesale revenue from retail partners.
Consolidation in the U.S. online grocery market: DoorDash acquires Instacart
The American meal delivery service DoorDash is set to acquire its industry peer Instacart, which specializes in grocery delivery. Both companies see the deal as offering…
Finland’s Kesko Raises Guidance As Q3 Profit Grows
Finland's Kesko reported strong results in the third quarter of 2026 with its technical trade business standing out as a key growth driver.
Oatly cuts profit outlook on North America fuel cost pressures
Oatly lowered its full-year profit guidance over soaring fuel and freight costs in North America, even as its losses narrowed. The post Oatly cuts profit outlook on North America…
Rémy Cointreau posts mixed second quarter results
Rémy Cointreau has posted mixed first half results, with an organic sales growth of 2.9 per cent to approximately £427m. Sales in the Americas region experienced a 5.5 per cent…
Adidas smashes records, but Europe is falling behind
Adidas is racking up record after record. The German sports giant has seen its quarterly profit soar by 37% and has significantly raised its full-year forecast. Apparel and its…
Reckitt Lowers Annual Guidance On Manufacturing Struggles In North America
Reckitt lowered its annual revenue forecast as weak consumer demand and North American manufacturing constraints weighed on Q3 growth.