As part of the transaction, Ferrero will take over Bold Snack's office and factory in Divinópolis, Minas Gerais, with approximately 300 employees expected to join Ferrero Brazil.
The investment coincides with Yough's nationwide debut in Targetstores. The launch places Yough in just under 2,000 Target stores nationwide, marking a significant retail debut for a new frozen pizza brand.
For 2025, gross profit margin was 27.4%, up 140 basis points from 26% last year. Net income came in at $13.9 million, or $0.91 per basic and $0.89 per diluted common share, compared to $9 million, or $0.61 per basic and $0.60 per diluted common share in the prior year.
A member of the Naismith Memorial Basketball, FIBA, National Collegiate Basketball, and the U.S. Olympic & Paralympic Halls of Fame, Coach K shows audiences how they, too, can compile winning numbers in both their professional and personal lives.
Ian Schuman will lead the company's global expansion as president of global, overseeing all import and export operations within the Global Business Unit and advancing Schuman Cheese's international growth strategy.
Alongside a fresh packaging redesign, the campaign highlights its indulgent dairy creamer flavors crafted with just 4 ingredients, including the new Chocolate Caramel Truffle, Chai Vanilla Latte and fan-favorite Vanilla, that deliver an experience so delicious, it's almost impossible to describe, stated the company.