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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Rémy Cointreau jumps 11% after FY26 operating profit tops forecasts
All News 4 Jun 2026, 8:40am -
Campbell’s faces lawsuit alleging SpaghettiOs infested with worms
Inside FMCG 4 Jun 2026, 1:43amThere "appeared to be worms or parasites actively moving within the food," the complaint said. The post Campbell’s faces lawsuit alleging SpaghettiOs infested with worms appeared first on Inside FMCG.
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Recall: Nestlé Australia Allen’s Inside Out – 130g
Inside FMCG 4 Jun 2026, 4:03amThe product has been available for sale nationwide in Coles, Woolworths, and independent retailers. The post Recall: Nestlé Australia Allen’s Inside Out – 130g appeared first on Inside FMCG.
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Treasury Wine Estates targets $100m savings, axes brands
Inside FMCG 4 Jun 2026, 6:46amIt comes after TWE recorded a near-$650 million loss in its fiscal first-half. The post Treasury Wine Estates targets $100m savings, axes brands appeared first on Inside FMCG.
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Brown Forman earnings missed by $0.20, revenue topped estimates
All News 4 Jun 2026, 2:34pm