News
Compass Group reports Q1 2024 growth, plans to exit China
February 9, 2024
Compass Group PLC, the U.K.-based caterer which owns Canteen Vending Services Inc. and Chartlwells Higher Education in the U.S., reported Q1 2024 organic…
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Flowers Foods boosts Q4 and FY 2023 sales, suffers earnings declines
February 9, 2024
Flowers Foods Inc., parent company of Mrs. Freshleys, Tastykake and other brands, lifted its Q4 and FY 2023 sales but suffered earnings declines compared to…
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New research questions soda tax effectiveness on obesity
February 9, 2024
While a number of health experts have claimed soda taxes help reduce obesity, researchers at Knowable Magazine have completed a study that questions this…
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Ball State University celebrates National Pizza Day with robotic pizza machine
February 9, 2024
To celebrate National Pizza Day, Ball State University in Muncie, Indiana, is offering free pizza samples from 11 a.m. to 2 p.m. and from 3 p.m. to 5 p.m. from…
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Once opposed, NFL now welcomes sports betting with open arms
February 9, 2024
Sports betting, once viewed by the National Football League as its greatest threat, has turned into a jackpot, according to an article in The Wall Street…
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Cantaloupe boosts Q2 2024 results, affirms full year expectations
February 9, 2024
Cantaloupe Inc. lifted its Q2 2024 sales and earnings, driven by higher subscription and transaction fees, according to an earnings report. Highlights include:
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DK Technologies intros updated ‘FountainBob’ post-mix beverage dispenser controller
February 9, 2024
DK Technologies Inc., an engineering firm, has introduced its FB2000 dispensing machine controller to allow post-mix beverage dispensing for beverage machines…
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Tyson Foods lifts Q1 2024 sales, earnings fall
February 8, 2024
Tyson Foods Inc. lifted its Q1 2024 sales but suffered an earnings dip against the prior year period, according to an earnings report.
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Hershey reports mixed Q4 2023 results, misses analyst expectations
February 8, 2024
The Hershey Co. reported an income decline despite a slight sale gain for Q4 2023 compared to the prior year quarter, according to an earnings report.
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Aramark reports Q1 2024 earnings dip on revenue gain, surpasses expectations
February 7, 2024
Aramark Corp. lifted its Q1 2024 revenue over the prior year period, while earnings declined, according to a press release. Highlights include:
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Middleby acquires GBT GmbH Bakery Technology
February 7, 2024
Middleby Corp. has acquired GBT GmbH Bakery Technology, based in Lünen, Germany, according to a press release.
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Performance Food Group lifts Q2 2024 results, surpasses expectations
February 7, 2024
Performance Food Group Inc., which owns Vistar Corp., the nationwide vending product warehouse distributor, lifted its sales and earnings for Q2 2024 over the…
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Farmer Brothers names John Moore president/CEO
February 7, 2024
John Moore (Image: LinkedIn) Farmer Brothers, a roaster, wholesaler and distributor of coffee, tea and allied products, has named John Moore as…
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Shawn O’Grady to retire from General Mills North America Foodservice
February 7, 2024
Shawn O'Grady (Image: LinkedIn) Shawn O'Grady, group president, North America Foodservice at General Mills Inc., will retire from the company…
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OptConnect acquires M2M DataGlobal
February 7, 2024
OptConnect, a managed wireless services provider, has acquired Santiago, Chile-based M2M DataGlobal, an IoT provider, for an undisclosed sum, according to a…
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Wisconsin dispensary installs self-serve cannabis kiosks
February 7, 2024
Visitors to Ethereal Gold Dispensary in Waukesha, Wisconsin, can use an automated self-serve kiosk to buy cannabis and mushroom products that are legal in…
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SmartMetric debuts fingerprint scan credit card
February 6, 2024
SmartMetric Inc., maker of a biometric credit cards, has introduced its fingerprint scan credit card that uses a built-in fingerprint scanner to verify the…
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Sugar Foods taps Coca-Cola Icecek’s Andriy Avramko as CFO
February 6, 2024
Sugar Foods Corp., serving foodservice, grocery, retail and restaurant brands, has named Andriy Avramenko as chief financial officer effective immediately…
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Mastercard teams with Last Mile Solutions on EV charging payment integrations
February 6, 2024
Mastercard has teamed with Last Mile Solutions, a provider of a hardware agnostic management platform for charge point operators with locations throughout…
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Ventus to offer managed ATM services in EU
February 6, 2024
Ventus, a Digi company, launched its Managed Network-as-a-service ATM solution in the EU. It will provide its Ventus LC300 router alongside its processor…
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