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Danone expects Olympics sales boost after revamping brands ahead of Games

Danone expects Olympics sales boost after revamping brands ahead of Games By Richa Naidu LONDON, July 15 (Reuters) - Olympics sponsor Danone DANO.PA is expecting both a short and longer-term sales boost from the Games, having made changes to its products, invested in branding, and positioned itself in physical kiosks across Paris, its CEO said. Danone, which makes Activia yoghurt, Evian water and Silk plant-based drinks, first reached out to the International Olympic Committee in mid-2022 to get
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US firms bet on Paris Olympics with new stores, marketing push

FACTBOX-US firms bet on Paris Olympics with new stores, marketing push July 12 (Reuters) - U.S. companies from Nike to Warner Bros are opening new stores and holding big marketing events in Paris before and during the Olympics, betting that excitement for the summer games can help boost their sales. Comcast's CMCSA.O NBCUniversal said that International Olympic Committee (IOC) sponsors spent 18% for the latest Olympics compared to the 2021 summer Olympics in Tokyo.
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PepsiCo quarterly revenue disappoints on slowing sales of snacks, beverages

UPDATE 6-PepsiCo quarterly revenue disappoints on slowing sales of snacks, beverages Consumers across income groups looking for more value, CEO says PepsiCo says adding new flavors to snacks Q2 revenue of $22.50 bln vs estimates of $22.57 bln Shares down more than 3% Updates shares in paragraph 10 and adds graphic By Ananya Mariam Rajesh and Jessica DiNapoli July 11 (Reuters) - PepsiCo PEP.O missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition fro
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PREVIEW: PepsiCo revs look nearly flat to analysts

RPT-BUZZ-PREVIEW: PepsiCo revs look nearly flat to analysts Repeats Buzz published on Wednesday with no changes ** PepsiCo PEP.O shares up 0.7% to $163.06 on Weds ahead of Q2 results due before the bell on Thurs as investors focus on lukewarm consumer demand ** Soda and snacks maker expected to report rev of $22.57 bln, up ~1% yr/yr, and adj EPS of $2.16 vs $2.09 a yr-ago, LSEG data shows ** Co in last qtrly report said international demand drove growth, while U.S.
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Booze-free beverages are no small beer: podcast

BREAKINGVIEWS-Booze-free beverages are no small beer: podcast The host is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, July 11 (Reuters Breakingviews) - Carlsberg’s $4 bln deal to buy soft-drinks maker Britvic is just the latest foray by a big brewer into serving the alcohol-averse. In this Viewsroom podcast, Breakingviews columnists discuss whether it’s a seismic tobacco-like shift or a frothy attempt to fizz up profit margins.
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