Hispanic shoppers are spending less on groceries, pressuring companies

Hispanic shoppers are spending less on groceries, pressuring companies

Miami, Hialeah Gardens, Florida, Walmart Supercenter, checkout line cashier, customers paying. Jeff Greenberg | Universal Images Group | Getty Images Hispanic consumers are cutting back their grocery spending on everything from beer to cooking spray, executives said during recent earnings calls. Coca-Cola, Constellation Brands and Colgate-Palmolive are among the companies that have reported a slowdown…

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Coca-Cola (KO) Q1 2025 earnings

Coca-Cola (KO) Q1 2025 earnings

Coca-Cola cans are pictured in a supermarket in Bayonne, New Jersey, on April 8, 2025.  Charly Triballeau | Afp | Getty Images Coca-Cola beat Wall Street’s quarterly earnings and revenue estimates Tuesday and largely reaffirmed its full-year outlook, as it said it expects the effects of global trade conflicts to be “manageable.” For 2025, Coke…

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PepsiCo (PEP) Q1 2025 earnings

PepsiCo (PEP) Q1 2025 earnings

Bottles of Pepsi soda are displayed in a store on March 17, 2025 in New York City.  Spencer Platt | Getty Images PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America. The food and beverage giant also cut its forecast for core constant currency earnings per share,…

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FDA announces food dye ban

FDA announces food dye ban

Candy is displayed for sale, as U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., along with FDA Commissioner Marty Makary, announce the FDA’s intent to remove from the U.S. food supply “petroleum-based synthetic” food dyes, which are present in numerous foods such as breakfast cereals, candy, snacks, and beverages, at a grocery…

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