You’re receiving the Lite Edition of Nosh’s Daily Briefing. Join us as a BevNET & Nosh Insider to receive the full version, which includes:

• The full story on Chef Boyardee’s sale
• Details on the comedian throwing his weight behind a tortilla chip slinger
• Why Kellanova is reporting “widespread category softness”
• How Nestle is leading the charge by changing nutrition reporting practices

Become an Insider to get the full scoop delivered daily.

Arrivederci! Conagra is saying bye-bye to Chef Boyardee.

Today, the Chicago-based conglomerate said it has signed a definitive agreement to divest the ready-to-eat pasta meals producer to Brynwood Partners-owned Hometown Food Company for $600 million in cash. 

Insiders can access the full story.

Even within a “dynamic operating environment,” Oatly claims it is on track to deliver its first full year of profitable growth since going public, with CEO Jean-Christophe Flatin highlighting recent supply chain and overhead structure efficiencies in its Q1 earnings report.

Insiders can access all of the insights from the full earnings recap.

Go beyond the headlines with exclusive access to our editorial team’s insights and hot takes on the latest in food and beverage. As an Insider, you’ll unlock premium newsletter content and archives along with deeper coverage on BevNET.com and Nosh.com. Plus, enjoy event and job listing discounts, along with exclusive Insider perks on Nombase, our digital community and directory for CPG professionals. Join now.

KIND Snacks introduced a curbside recyclable paper wrapper pilot in the U.S. today across the brand’s top-selling, single bar SKU: Dark Chocolate Nuts & Sea Salt. The initiative is part of KIND’s goal to transition all packaging to recyclable material by 2030. 

Become an Insider for all of the details.

On this episode of the CPG Week podcast, the team parses through the recent FDA/HHS directive to remove synthetic dyes from food and beverage products. 

The podcasters discuss why the timeline for this voluntary ban might be too aggressive for many large companies to meet, how it further challenges already stressed supply chains and, the most pressing question: What will happen to Flamin’ Hot Cheetos and Trix cereal if forced to pivot to more natural colorings?

Tune into the episode here. Also available on Spotify and Apple Podcasts.

Like what you are listening to? Please don’t hesitate to rate our show and leave a review on your podcast platform of choice.