Tag Archives: amounts

Vital Farms raised egg prices ‘reluctantly and in small amounts’: CEO

Vital Farms raised egg prices ‘reluctantly and in small amounts’: CEO

Vital Farms (VITL) CEO Russell Diez-Canseco says the recent spike in egg prices, up more nearly 60% year-over-year, is “a head scratcher.” “Over the course of 2022, we certainly saw inflationary impacts to our key inputs like the grains we feed our girls [hens] and the diesel fuel that the truckers use to fuel their trucks as they deliver the eggs to the grocery stores,” Diez-Canseco told Yahoo Finance. “Our approach to price increases has been to take them reluctantly in small amounts.” A… Source link

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CEOs ignoring climate change amounts to ‘malpractice,’ environmentalist Fred Krupp says

CEOs ignoring climate change amounts to ‘malpractice,’ environmentalist Fred Krupp says

Environmental Defense Fund President Fred Krupp issued a warning to CEOs: Ignore climate change at your own peril. “I would say, in any sector, if a CEO isn’t thinking about this, it’s malpractice,” Krupp recently told Yahoo Finance’s editor-in-chief Andy Serwer (video above). He explained that good corporate leaders have always looked ahead to major transformations in the economy, and that is certainly the case with climate change as the world looks to decouple growth from… Source link

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