Food Industry News: Jun 7 - Australia (5 stories)

Sunday, 7 Jun 2026 Daily Food & Beverage Australia

Here is your Daily summary for Food & Beverage across Australia for Sun 7th June 2026

Rémy Cointreau's shares surged 11% following a strong FY26 operating profit that exceeded expectations, despite a 35% drop in net profit due to US tariffs impacting margins. This performance highlights resilience in the premium spirits market, crucial for investor confidence. Meanwhile, Nestlé Australia has issued a recall for its Allen’s Inside Out product, available nationwide, raising concerns over consumer safety. In a troubling development, Campbell's faces a lawsuit over allegations of worms found in SpaghettiOs, potentially damaging its brand reputation. Lastly, Treasury Wine Estates is aiming for $100 million in savings by cutting brands after reporting a significant loss, reflecting ongoing challenges in the wine sector.

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