Financial News

Centric Brands acquired Taste Beauty, a manufacturer of personal care products for adults and children.

Though WBA swung to a loss for the quarter, solid revenue growth from Walgreens and progress on its strategic priorities buoyed the company in Q1.

Procter & Gamble will no longer be acquiring women’s personal care brand Billie following the U.S. Federal Trade Commission’s filed complaint.

The Ferrero Group is acquiring Eat Natural, a brand known for its cereal, toasted muesli, granola and protein bars.

The Camp Hill, Pa.-based retailer reported revenue of $6.12 billion, up 12% year over year, with net income of $4.3 million,\ compared with $52.3 million a year ago.

Church & Dwight said it had completed its $530 million acquisition of Matrixx Initiatives, owner of cough-cold shortening brand Zicam.

Dollar Tree reported net sales increased by 7.5% to $6.177 billion and same-store sales increased by 5.1%, as well as plans to renovate approximately 1,250 Family Dollar stores in 2021.

Ahold Delhaize will hold a majority of FreshDirect’s shares, while Centerbridge Partners will be a minority equity investor with a 20% stake.