Half-billion-dollar initiative includes investments at three plants.

Family-owned Turri’s Italian Foods, Inc. will continue to lead company.

CEO calls quarterly results “clear evidence” of more growth-oriented, profitable portfolio.

Oats Overnight investing in manufacturing, fulfillment and product development.

US snack market share initiatives are gaining traction, CEO says.

Biscotti maker had previously changed hands under private equity owners.

Mintel data show decline in CPG innovation.
 

Volume growth in Europe and North America highlights second quarter performance.

Former executive alleges company denied his role in product’s creation.

Stock price drops to lowest level since 2021.