Other ranked food, beverage companies include Mondelez and J.M. Smucker.

Whether or not a potential deal is in play remains uncertain.
 

Combination would create a global giant in snacks and confections.

But colony collapse disorder on the decline.

Company works toward stable top line and modernized supply chain.

Updates its full-year fiscal 2025 net sales guidance.

Deal adds private label savory snacks maker to investment firm’s food portfolio.

SNAP households spend 26% more per buyer on CPG food and beverages than non-SNAP households, Circana finds.

Strategy focuses on more aggressive promotion, innovation and distribution.
 

Product innovation paramount to growth for both brands, CEO says.