First Pass

11 stories from 9 sources

Growth ambitions meet operational risk and corporate restructuring

Day’s Recap

Supporting Articles

Keurig Dr Pepper is restructuring its manufacturing partnership with Chobani ahead of the company’s planned split into two businesses. KDP will use proceeds from the transactions to reduce debt while building out its future operations.

2:12 PMConsumer Goods Technology

Starbucks said it will stop using a drink-blending powder after airborne particles reportedly caused baristas to cough and become ill. The product will be removed as the chain transitions from its summer to fall menu.

3:00 AMFortune

Milky Mist Dairy Food reported strong June-quarter growth, led by higher revenue from yogurt and ice cream, sending its shares up 10%. The company expects further expansion through existing capacity, new products, geographic growth beyond South India, and a greater focus on protein products and whey extraction.

9:24 PMEconomic Times

Milky Mist Dairy Food reported a nearly tenfold year-on-year increase in first-quarter profit to Rs 65 crore, while revenue grew 43.6%. Growth across yoghurt, ice cream, cheese and paneer, along with stronger margins, drove the result and lifted the shares by more than 9%.

1:02 AMEconomic Times

Other Developments

A curated list of other prominent stories from this day.

Ito En shares rose 8% after the company reported its fiscal first-quarter results, outperforming a wider decline in Japanese equities.

10:24 PMCNBC

A viral Japanese food trend uses cold water to prepare instant cup noodles instead of boiling water. The experiment examines how the method changes the noodles and the eating experience.

6:02 PMBBC

The article highlights seven mineral sunscreen brands, including EltaMD, that use newer formulations to provide broad-spectrum protection without leaving a visible white residue. These products also position sunscreen as part of broader skin-health routines.

4:38 PMWWD

Righteous Felon Craft Jerky has appointed Cristina Marinucci to lead commercial growth. Marinucci brings experience in consumer insights, commercial strategy, retail media, analytics and omnichannel commerce from Mondelez.

2:50 PMConsumer Goods Technology

Wildfires are adding to the pressure on France’s wine industry, which already faces heatwaves and weaker sales. The country’s position as Europe’s largest wine exporter is being tested by converging climate and demand shocks.

10:02 AMAl Jazeera

Hershey is putting pop group Katseye at the center of an advertising campaign for its new Hershey’s Crème Bars. The partnership is designed to introduce the product to younger consumers.

10:00 AMVariety

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