Premium Brands Holdings Hit by High Input Costs -- Market Talk
Dow Jones03-19 19:48
0748 ET - Canadian specialty food manufacturer Premium Brands Holdings says in 4Q it faced a "volatile environment with record high beef costs, broader commodity inflation, and a challenging consumer backdrop." Beef prices remained stubbornly high throughout last year, with poultry and pork also rising, though to a lesser extent. The company has raised prices across its portfolio, helping drive revenue growth in its specialty foods segment. And while it says beef markets are beginning to stabilize, consumers have already shifted toward lower-value products, adding further pressure on margins. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 07:48 ET (11:48 GMT)
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