food and drink

Shares of Dole slid 9% in afternoon trading Friday as the company made its return to the public markets.

With people staying home amid the pandemic, barbecuing and outdoor cooking boomed, providing Weber and Traeger boosts that led both companies to go public.

Molson Coors reported better-than-expected earnings on Thursday, but its stock remained flat on concerns about rising transportation and packaging costs.

Swiss-based Nestle on Thursday reported global sales grew 1.5% to just over $46 billion in the first six months of 2021.

Danny Meyer’s Union Square Hospitality Group will require indoor diners and drinkers at its restaurants to show they’ve been vaccinated against Covid.

Cat Rock Capital, a major shareholder in Just Eat Takeway.com, says the food delivery firm’s communication with investors is “deeply flawed.”

Asia has billions to feed, and more will be eating plant-based proteins. An R&D lab in Shanghai is key to one of fake meat’s fastest-growing regions.

Boston Beer CEO David Burwick said the company’s hard seltzer sales dropped fast when people retuened to bars this summer.

Shares of Boston Beer tumbled 26% after disappointing demand for hard seltzer dragged down the company’s quarterly earnings and revenue.

Texas and Florida are getting involved in Israel’s battle with the socially conscious Ben & Jerry’s ice cream brand.

The CEO of Ben & Jerry’s parent company Unilever sought to distance it from the ice cream maker’s decision to stop its sales in occupied Palestinian territories.

Shares of Coke have risen 2% this year, giving the company a market value of $241 billion.

As alternative meat products from Impossible Foods and Beyond Meat grow in popularity, alternative seafood is seen as the next alt-meat segment to emerge.

Impossible Foods is planning to release a meat-free chicken nugget this fall.

Food and beverage tenants were the most active in signing retail leases across Manhattan during the second quarter, according to a CBRE study.

Short seller Ben Axler said Thursday that Oatly’s stock is worth less than $10 a share.

Beam Suntory and Sam Adams brewer Boston Beer are joining forces through a new partnership that will bring the iconic brands into new categories.

Activist short Spruce Point Capital Management has accused Oatly of shady accounting practices and misleading investors about its sustainability practices.

Panda Express announced it will add a Beyond Meat plant-based chicken item to menus at select locations in New York and Southern California for a limited time.

Child tax credit payments, which start Thursday, could lift sales across the retail, restaurant and travel industries, a research note by Cowen analysts says.