54 stories from 14 sources
The week in Consumer Packaged Goods
Click on a headline to see stories that shaped it.
Threads
5 threads
The FDA proposed requiring companies to notify it about substances they have deemed generally recognized as safe, a change that would expose more self-affirmed ingredients to agency scrutiny. The proposal recurred across the week as a central food-policy issue, though notification would not itself constitute approval or removal.
A Salmonella outbreak linked to jalapeños drove recalls across salsa, guacamole, pimento cheese and other prepared foods sold in 26 states. The episode underscored how one contaminated fresh input can affect multiple packaged-food categories and supply chains.
Honasa reported record first-quarter profit of Rs 90 crore as revenue rose 27% and EBITDA increased 141% or more than doubled, depending on the reported measure. The repeated result strengthened the case that its brand and offline expansion is becoming more profitable, though later quarters must sustain the improvement.
Patanjali Foods reported 29.33% revenue growth and a 69.2% increase in operating EBITDA, alongside two interim dividends. The follow-up coverage reinforced a week-long picture of stronger earnings and cash-return capacity.
Milky Mist opened its Rs 1,553 crore IPO, with most proceeds designated as fresh capital for the business. The issue reached full subscription by its second day, shifting the story from fundraising plans to investor demand and the company's ability to use capital for expansion and debt reduction.
Day’s Recap