{"id":600841,"date":"2023-01-24T18:52:39","date_gmt":"2023-01-25T00:52:39","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/24\/dow-jones-newswires-ab-foods-backs-fy-2023-view-as-revenue-rises-on-better-than-expected-consumer-spending\/"},"modified":"2023-01-24T18:52:39","modified_gmt":"2023-01-25T00:52:39","slug":"dow-jones-newswires-ab-foods-backs-fy-2023-view-as-revenue-rises-on-better-than-expected-consumer-spending","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/24\/dow-jones-newswires-ab-foods-backs-fy-2023-view-as-revenue-rises-on-better-than-expected-consumer-spending\/","title":{"rendered":"Dow Jones Newswires: AB Foods backs FY 2023 view as revenue rises on better-than-expected consumer spending"},"content":{"rendered":"<div>\n<div id=\"main-content\">\n<h2 itemprop=\"column\">\n    Dow Jones Newswires<br \/>\n  <\/h2>\n<p><time><br \/>\n    Last Updated: Jan. 24, 2023 at 3:02 a.m. ET<br \/>\n  <\/time><br \/>\n<time><br \/>\n  First Published: Jan. 24, 2023 at 2:21 a.m. ET<br \/>\n<\/time><\/p>\n<\/p><\/div>\n<div data-layout=\"inline\n            \" data-layout-mobile><\/p>\n<figure itemscope itemtype=\"http:\/\/schema.org\/ImageObject\">\n<p><img decoding=\"async\" itemprop=\"contentUrl\"   src=\"https:\/\/images.mktw.net\/im-708966?width=700&#038;height=457\" alt title>\n      <\/p><figcaption itemprop=\"caption\">\n<h4>ABF owns fashion retailer Primark<\/h4>\n<p>      <span itemprop=\"creator\"><br \/>\n            glyn kirk\/Agence France-Presse\/Getty Images<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230124-700602\">\n<p>Associated British Foods PLC UK:ABF said Tuesday that revenue for the first 16 weeks of fiscal 2023 rose on year after better-than-anticipated consumer spending despite increasing cost pressures, and backed its full-year expectations amid lower inflation volatility.<\/p>\n<p>The FTSE 100 company said revenue for the 16 weeks ended Jan. 7 increased at constant currency by 16% to 6.70 billion pounds ($8.29 billion) compared with the same period a year earlier.<\/p>\n<p>Revenue&#8230;\n    <\/p>\n<\/div>\n<p><a href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C0C4D5-7425-4434-F126-6316583BA4ED%7D&#038;siteid=rss&#038;rss=1\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Leigha Drews<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dow Jones Newswires Last Updated: Jan. 24, 2023 at 3:02 a.m. ET First Published: Jan. 24, 2023 at 2:21 a.m. ET ABF owns fashion retailer Primark glyn kirk\/Agence France-Presse\/Getty Images Associated British Foods PLC UK:ABF said Tuesday that revenue for the first 16 weeks of fiscal 2023 rose on year after better-than-anticipated consumer spending despite<\/p>\n","protected":false},"author":1,"featured_media":600842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[520,106746],"tags":[],"class_list":["post-600841","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jones","category-newswires"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/600841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=600841"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/600841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/600842"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=600841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=600841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=600841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}