Hostess acquisition seen boosting company sales by $650 million during the rest of fiscal 2024.

Sharma: Future of omni-commerce is “bright, frictionless, experiential and everywhere.”

Terms of both acquisitions were not disclosed.

As consumers pull back on spending, retailer is putting greater focus on value.

Management calls fiscal 2024 ‘year of investment.’

CFO calls failure rate in innovation ‘alarmingly high.’

Startup cracks the code on automation and adding scale.

Consumers trading down to private label affects ready-to-eat cereal business.

Prices in key categories are dropping as consumer spending remains tight.

Net income up in the quarter.