SlimFast represented 7% of performance nutrition ... 124 and 130 cents with profit margins at its performance nutrition products division narrowing to 13-14% from 16.9% in 2024.

Shares in global nutrition group Glanbia sank by over 20% today after it warned that it expects earnings to fall by up to 11% this year, hit by a longer than expected rise in the cost of whey, a key ...

There was the usual chatter about portfolio reshaping and product evolution but SlimFast remained on a downward flight path. Irish food group Glanbia acquired it from Kainos for $350 million in ...

Glanbia bought SlimFast for $350 million in 2018, but sales of its products have plummeted since 2022 as weight-loss drugs upended the diet market and consumers moved away from the low ...