Food Industry News: Feb 26 - Australia (5 stories)

Thursday, 26 Feb 2026 Daily Food & Beverage Australia

Here is your Daily summary for Food & Beverage across Australia for Thu 26th February 2026

Diageo's shares dropped 6% following a dividend cut and a grim outlook due to declining U.S. spirits sales, highlighting challenges in the premium alcohol market. In contrast, Keurig Dr Pepper reported a robust 11.9% sales growth in its refreshment beverages segment, driven by popular brands like Dr Pepper and Snapple, indicating a shift in consumer preferences towards non-alcoholic options. Meanwhile, Schnitz has introduced a new chicken Signature Tenders range, featuring a unique buttermilk marination process, aiming to capture the growing demand for quality fast food. Lastly, the Newcastle Baking Show is set for March 11, promising to showcase the latest trends and innovations in the baking industry.

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