The international manufacturer said separation of the business will begin immediately.

Danone said volume/mix showed resilience in North America, led by coffee creamers and Greek yogurt.

The plant-based alternative milk maker took a non-cash asset impairment charge of $172.6 million.

The company saw challenges late in 2023 and outlined changes to come.

Sales contributed to strong financial performance at parent company J&J Snack Foods Corp.

Walmart's president and CEO expects a period of deflation in months to come.

The company is transitioning to an asset-light business model.

International machinery manufacturer integrated two subsidiaries to strengthen its market presence.

The company reported first-quarter net income was $673.5 million.

Brand Finance ranked China-based dairy producer Yili as the second most valuable food brand in the world.