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Danone introduced a new protein shake under its Oikos yogurt brand this week as rivals Coca-Cola's Fairlife and Chobani with similar products gain popularity with consumers and those taking weight-loss drugs such as Wegovy.
Santa Barbara, Calif.-based Kate Farms makes organic nutrition products for both medical and everyday needs.
Danone said on Monday it has agreed to buy a majority stake in Kate Farms, a U.S. maker of plant-based organic drinks that will fit into the French food giant's specialized nutrition portfolio.
Press release – Paris, May 12, 2025, at 7:00 A.M. CEST Danone and Kate Farms to join forces to serve people with health needs across both medical and everyday nutrition Danone announced today that it has entered into a definitive agreement to acquire a majority stake in Kate Farms, a fast-growing U.S. business offering a wide array of plant-based, organic nutrition products for both medical and everyday needs.
Here is how Danone (DANOY) and HF FOODS GROUP INC. (HFFG) have performed compared to their sector so far this year.
Yogurt maker Danone is looking to remove artificial dyes from its U.S. portfolio, which includes the Yo Crunch, Light & Fit and Oikos brands, said Shane Grant, CEO of the company's Americas business, in an interview on Wednesday.
Press Release – Paris, April 24, 2025, at 5:35 PM CEST 2025 Danone Shareholders' Meeting: approval of all resolutions Danone's Shareholders' Meeting was held today, chaired by Gilles Schnepp, Chairman of the Board of Directors. 72.66% of Danone's total outstanding share capital was present or represented in this Shareholders' Meeting.
Here is how Danone (DANOY) and HF FOODS GROUP INC. (HFFG) have performed compared to their sector so far this year.
Danone S.A. (OTCQX:DANOY) Q1 2025 Earnings Call April 23, 2025 2:15 AM ET Company Participants Mathilde Rodie - Head, Investor Relations Juergen Esser - Chief Financial Officer Conference Call Participants Victoria Petrova - Bank of America Guillaume Delmas - UBS Jon Cox - Kepler Celine Pannuti - JPMorgan Warren Ackerman - Barclays Tom Sykes - Deutsche Bank David Roux - Morgan Stanley Mathilde Rodie Thank you and good morning, everyone.
The food company behind Activia yogurt and Evian water expects like-for-like sales growth of between 3% and 5% for the whole year.