Cup Noodles

Nissin Foods Announces 2023 Annual Results, Net Profit Up 5.6% to HK$330.2 Million

Retrieved on: 
Tuesday, March 26, 2024
Cup Noodles, Growth, HK, Kagome, Sale, Acquisition, Nissin Foods

Gross profit was HK$1,303.1 million, with gross profit margin increased by 2.0 percentage points to 34.0% in 2023 from 32.0% (restated) in 2022.

Key Points: 
  • Gross profit was HK$1,303.1 million, with gross profit margin increased by 2.0 percentage points to 34.0% in 2023 from 32.0% (restated) in 2022.
  • Profit attributable to owners of the Company increased by 5.6% year-on-year to HK$330.2 million, improving the net profit margin from 7.7% (restated) in 2022 to 8.6%.
  • The financial position of the Group remained healthy, with net cash of approximately HK$1,310.4 million and HK$820.0 million in available banking facilities as at 31 December 2023.
  • Nissin Foods will continue to strengthen its overall competitiveness based on a well-diversified product portfolio and the premiumisation strategy.

CUP NOODLESⓇ EVERYTHING BAGEL WITH CREAM CHEESE TAKES A BITE OUT OF BAGEL CULTURE

Retrieved on: 
Tuesday, April 2, 2024
Cream, Cup Noodles, Cream cheese, Seed, Garlic, Trust, Senior, Marketing, SRP, Walmart, Nissin Foods, Longevity, Water, Cheese, Convenience food

GARDENA, Calif., April 2, 2024 /PRNewswire/ -- Cup Noodles, the iconic brand of instant ramen innovation leader Nissin Foods USA, is introducing a new way to bagel with its limited-edition Everything Bagel with Cream Cheese flavor. The original ramen maker is taking a bite out of the Everything Seasoning craze for an unmatched bagel experience that infuses savory tastes in instant ramen, making it the newest product to join the brand's breakfast club available next week exclusively at Walmart.

Key Points: 
  • GARDENA, Calif., April 2, 2024 /PRNewswire/ -- Cup Noodles, the iconic brand of instant ramen innovation leader Nissin Foods USA , is introducing a new way to bagel with its limited-edition Everything Bagel with Cream Cheese flavor .
  • Cup Noodles Everything Bagel with Cream Cheese transforms the most popular bagel of choice into the iconic, on-the-go ramen noodles for a convenient twist on everyone's favorite morning meal.
  • Bagel enthusiasts can skip the bagel line and order up Cup Noodles Everything Bagel with Cream Cheese by adding water, microwaving the product for 4 minutes and letting it stand for 1 minute before noshing on a tasty meal.
  • Cup Noodles Everything Bagel with Cream Cheese is available exclusively at Walmart stores and Walmart.com at an SRP of $1.18 beginning next week, alongside Cup Noodles Breakfast that has returned to shelves for a limited time.

CUP NOODLES® AND CRAIG ROBINSON TEAM UP FOR HILARIOUS NEW PSA AS THE BRAND'S NOW MICROWAVEABLE PACKAGING ROLLS OUT IN THE U.S.

Retrieved on: 
Tuesday, March 12, 2024
Cup Noodles, Cooking, Water, Social media, PSA, Cup, Nissin Foods, History, Public service announcement, News, Fast food

GARDENA, Calif., March 12, 2024 /PRNewswire/ -- When Cup Noodles, the iconic brand from Nissin Foods USA, announced that its new paper cup packaging is now microwave-friendly, it sent shockwaves through noodle fans with many asking, "Wasn't it always?" As the paper cup hits shelves nationwide, Cup Noodles has released a public service announcement (PSA) starring actor and comedian Craig Robinson that takes a comical and exaggerated look at the ramen cooking habit we all suspected. The PSA encourages fans to share their #PaperCupConfessions now that they can conveniently prepare their noodles in the microwave.

Key Points: 
  • As the paper cup hits shelves nationwide, Cup Noodles has released a public service announcement (PSA) starring actor and comedian Craig Robinson that takes a comical and exaggerated look at the ramen cooking habit we all suspected.
  • The PSA encourages fans to share their #PaperCupConfessions now that they can conveniently prepare their noodles in the microwave.
  • Cup Noodles releases a PSA starring comedian Craig Robinson to encourage fans to share their #PaperCupConfessions.
  • Cup Noodles' new paper cup packaging is now available online and at retailers nationwide.

CUP NOODLES® ANNOUNCES NEW PAPER CUP PACKAGING FOR ITS ICONIC RAMEN NOODLES

Retrieved on: 
Thursday, October 26, 2023
EARTH, Nissin Foods, Environment, Cup, Cup Noodles, Carbon, Water, FOOD, CO2, Tea

GARDENA, Calif., Oct. 26, 2023 /PRNewswire/ -- Nissin Foods USA , announced that Cup Noodles® will introduce a new paper cup design in early 2024, replacing the current polystyrene cup.

Key Points: 
  • GARDENA, Calif., Oct. 26, 2023 /PRNewswire/ -- Nissin Foods USA , announced that Cup Noodles® will introduce a new paper cup design in early 2024, replacing the current polystyrene cup.
  • Nissin Foods USA, announced that Cup Noodles® will introduce a new paper cup design in 2024.
  • This updated packaging and the new paper cup marks an important milestone for Cup Noodles and a key step in our environmental commitment."
  • Cup Noodles' new convenient paper cup packaging will be introduced to store shelves beginning in early 2024.

CUP NOODLES® INTRODUCES A NOODLE BAR EXPERIENCE, PAIRING ITS PREMIUM CUP NOODLES® STIR FRY® LINE WITH CRAFT BREWS RIGHT IN TIME FOR OKTOBERFEST

Retrieved on: 
Wednesday, September 20, 2023
Taste, Kroger, Partnership, Food, Noodle, Senior, Life, Friends, Haze, Beer, Marketing, IPA, Nisshin, Wheat beer, Bok choy, Albertsons, Nissin Foods, Bell pepper, Cup Noodles, General Tso's chicken, Family, Fast food

GARDENA, Calif., Sept. 20, 2023 /PRNewswire/ -- Cup Noodles, the original instant ramen in a cup, is unveiling a Noodle Bar experience that pairs its premium Cup Noodles Stir Fry and Cup Noodles Stir Fry Rice with Noodles product lines with craft beer selections just in time for Oktoberfest. Through a partnership with Advanced Cicerone Mandy Naglich, the brand created a Noodles + Brews Pairing Guide that thoughtfully matches each product flavor with a craft brew style based on the vibrant tasting notes and ingredients found in each cup.

Key Points: 
  • GARDENA, Calif., Sept. 20, 2023 /PRNewswire/ -- Cup Noodles, the original instant ramen in a cup, is unveiling a Noodle Bar experience that pairs its premium Cup Noodles Stir Fry and Cup Noodles Stir Fry Rice with Noodles product lines with craft beer selections just in time for Oktoberfest.
  • "There is such a wide variety of tasting notes in Cup Noodles Stir Fry and Cup Noodles Stir Fry Rice with Noodles, that for every zesty, tangy, or bright sauce, there's a craft beer that makes it even better.
  • In honor of Cup Noodles' 50th anniversary, Nissin Foods launched its first noodles with sauce offering, Cup Noodles Stir Fry.
  • Cup Noodles Stir Fry and Cup Noodles Stir Fry Rice With Noodles are available online and in-stores at retailers nationwide, including Kroger and Albertsons.

Nissin Foods Announces 2023 Interim Results, Net Profit Increases by 6.4% to HK$171.7 Million

Retrieved on: 
Wednesday, August 30, 2023
Supermarket, Cup noodle, Acquisition, Collection, Nissin Foods, Restaurant, Coffee, Cup Noodles, Relaxation, Retail, Mainland China

Gross profit grew by 1.9% to HK$658.3 million, boosting gross profit margin by 2.7 percentage points to 34.1% in 2023 from 31.4% (restated) in 2022.

Key Points: 
  • Gross profit grew by 1.9% to HK$658.3 million, boosting gross profit margin by 2.7 percentage points to 34.1% in 2023 from 31.4% (restated) in 2022.
  • Profit attributable to owners of the Company increased by 6.4% year-on-year to HK$171.7 million, improving the net profit margin from 7.9% to 8.9%.
  • The financial position of the Group remained healthy, with net cash of approximately HK$1,138.0 million and HK$820.0 million in available banking facilities as at 30 June 2023.
  • Meanwhile, for Mainland China operations, revenue of HK$1,177.8 million was recorded for the reporting period, and its segment results amounted to HK$160.6 million.

INTRODUCING TEAM CUP NOODLES WITH ACTION SPORTS STARS

Retrieved on: 
Tuesday, July 11, 2023
Creativity, Athlete, Partnership, Cup Noodles, Cup, Social media, Sports equipment, Convenience food, Sport

GARDENA, Calif., July 11, 2023 /PRNewswire/ -- Cup Noodles, one of the beloved brands of Nissin Foods USA, announces Team Cup Noodles, the official ambassador team for the iconic instant ramen noodle brand. Surfer Kanoa Igarashi, professional skateboarder Dashawn Jordan and snowboarder Lucas Foster embody the brand's core pillars, together joining Cup Noodles as part of the brand's inaugural line-up and commitment to the action sports category.

Key Points: 
  • Nissin Foods USA, announces Team Cup Noodles, the official action sports ambassador team for the instant ramen brand.
  • "We are excited to welcome Kanoa Igarashi, Dashawn Jordan and Lucas Foster to the Cup Noodles family as the very first members of Team Cup Noodles," said Mike Price, President and CEO of Nissin Foods USA.
  • The addition of the three action sports athletes to the team signals the start of an extraordinary adventure for Cup Noodles as it plans to continue fostering and developing this team of ambassadors into a vital pillar of the brand.
  • Stay tuned for updates from Team Cup Noodles as they head into competition this season and ignite the excitement for exploration with fans nationwide.

Hot & Spicy FIRE WOK Recognized on Circana's 2022 New Product Pacesetters™ Report

Retrieved on: 
Wednesday, June 28, 2023
DNA, Food, FIRE, The NPD Group, Cup, CPG, IRI, Nissin Foods, Momofuku Ando, Growth, Pacesetters, Cup Noodles, Annual report, Sesame, Convenience food

GARDENA, Calif., June 28, 2023 /PRNewswire/ -- Nissin Foods USA, the creator of instant ramen and iconic brands Cup Noodles and Top Ramen, today announced that Hot & Spicy FIRE WOK has been recognized on Circana's 2022 New Product Pacesetters Report. The 28th annual report published by Circana, formerly IRI and The NPD Group, identifies the top product launches across the food, beverage and non-food industries.

Key Points: 
  • GARDENA, Calif., June 28, 2023 /PRNewswire/ -- Nissin Foods USA , the creator of instant ramen and iconic brands Cup Noodles and Top Ramen, today announced that Hot & Spicy FIRE WOK has been recognized on Circana's 2022 New Product Pacesetters Report.
  • Nissin Foods' inclusion in the 2022 New Product Pacesetters is a testament to the company's ability to meet consumer demands and deliver products that satisfy their food cravings.
  • Hot & Spicy FIRE WOK ranked #47 under the top new food and beverage brands and #67 under the top total CPG brands.
  • Unveiled in 2021, Hot & Spicy FIRE WOK took its already flavorful Hot & Spicy noodles and cranked up the heat to create the brand's spiciest, most flavorful meal with a tasty, six chili pepper spice level.

CUP NOODLES® ANNOUNCES MULTI-YEAR PARTNERSHIP WITH THE WORLD SURF LEAGUE

Retrieved on: 
Thursday, May 25, 2023
Partnership, 2019 World Surf League, Rip Curl, FOOD, Culture, Greeting, World Junior Championships, Cup Noodles, Diving, Surf Ranch Resorts, Natural Resources, Organization, Athlete, Climate change, World championship, Nissin Foods, WSL, Sport, Entertainment, Olympic

GARDENA, Calif., May 25, 2023 /PRNewswire/ -- Cup Noodles, one of the iconic brands of Nissin Foods USA, has announced a multi-year partnership with the World Surf League (WSL), the global home of competitive surfing. As an official sponsor of the league, the brand deepens its ties to enthusiastic surf fans and the professional sports community by partnering with Olympic surfer Kanoa Igarashi.

Key Points: 
  • Cup Noodles has announced a multi-year partnership with the World Surf League and Olympic surfer Kanoa Igarashi.
  • Diving into the world of surf, Cup Noodles has also partnered with celebrated professional surfer and Olympic silver medalist Kanoa Igarashi, who is competing on the 2023 World Surf League Championship Tour this season.
  • We will partner to tell his story to the world and celebrate our mutual love of international food and culture," said Cherie Cohen, Chief Revenue Officer of the World Surf League.
  • This new partnership will expand Cup Noodles' partnerships with major sports teams and leagues worldwide with its growing roster of partners.

CUP NOODLESⓇ DROPS-IN AS SPONSOR OF STREET LEAGUE SKATEBOARDING

Retrieved on: 
Tuesday, April 18, 2023
Iconic, Male, Sport, Partnership, Greeting, Street League Skateboarding, Summer Olympic Games, Wintrust Arena, Creativity, SLS, Momofuku Ando, Growth, Entertainment, Cup Noodles, Nisshin, Female, Wai Wai (food brand), Official, Tourism

GARDENA, Calif., April 18, 2023 /PRNewswire/ -- Cup Noodles, one of the beloved brands by Nissin Foods USA, announced a partnership with Street League Skateboarding (SLS), the world's premier professional street skateboarding organization. As an official sponsor, Cup Noodles will make its entrance at the first stop of the 2023 SLS Championship Tour, coming to Chicago's Wintrust Arena on April 29.

Key Points: 
  • As the Official Instant Ramen of SLS, the Iconic Japanese Food Brand to debut as
    GARDENA, Calif., April 18, 2023 /PRNewswire/ -- Cup Noodles, one of the beloved brands by Nissin Foods USA, announced a partnership with Street League Skateboarding (SLS), the world's premier professional street skateboarding organization.
  • Cup Noodles partners with Street League Skateboarding, world's premier professional street skateboarding organization.
  • "We are thrilled to be partnering with legendary Street League Skateboarding and have the Cup Noodles brand join the skateboarding community as the sport's profile continues to rise globally," said Michael Price, President and CEO of Nissin Foods USA.
  • "Street skateboarding connects with young enthusiasts worldwide, which mirrors the global impact of both SLS and Cup Noodles.