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heatwave conditions: Summer product sales surge 40-50% in April as appliance makers worry about shortages

April has been a scorching month for summer products like air-conditioners, refrigerators, air-coolers, soft drinks, and ice creams, with sales soaring 40-50%. This surge has led to concerns among appliance manufacturers about meeting demand, especially in the south and east where sales have spiked 150-200% due to ongoing heatwaves. The north, the largest market for cooling appliances, is yet to experience the full impact of the heatwave. Manufacturers warn of possible shortages in May as component planning did not anticipate such high demand, and it s challenging to expand production on short notice. ....

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Ozempic Fear in Food and Drink Stocks Has 'Gone Overboard,' RBC Says

(Bloomberg) The stocks rout fueled by the frenzy around a new class of weight-loss drugs is starting to make companies that feed the appetites of consumers look a lot more appealing, according to RBC Capital Markets. Most Read from BloombergIsrael Latest: Hamas Releases Two US Hostages After Secret TalksHere’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Where Does Israel Get Its 220,000 Barrels of Oil Every Da ....

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Ozempic Fear in Food and Drink Stocks Has 'Gone Overboard,' RBC Says

Ozempic Fear in Food and Drink Stocks Has 'Gone Overboard,' RBC Says
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Robert Moskow , Duckhorn Portfolio Inc , Mondelez International Inc , Pepsico Inc , Cola Co , Foods Market Inc , Walmart Inc , Keurig Dr Pepper Inc , Conagra Brands Inc , Hershey Co , Meat Inc , Utz Brands Inc , Utz Brands , Napa Valley , Duckhorn Portfolio , Mondelez International , Ozempic Threatens Profits , Beverage Makers , Beyond Meat Inc , Whole Foods Market , Keurig Dr Pepper ,

Nestle Prepares Aids for Wegovy Users as Revenue Growth Ebbs

(Bloomberg) Nestle SA is working on products designed to complement a new class of weight-loss drugs after revenue growth decelerated to the weakest pace in almost three years.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden Vows Aid for Gaza, Backs Israel Over Hospital BlastQQQ Advances in Late Trading as Tesla Rebounds ....

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Nestle Works on Products to Complement New Weight-Loss Drugs

Nestle Works on Products to Complement New Weight-Loss Drugs
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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