News
Monster Beverage achieves record sales for Q1 2022
May 6, 2022
Monster Beverage Corp. achieved record first quarter sales of $1.52 billion in 2022 over the prior year period, although income declined on account of rising…
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Cantaloupe posts strong Q3 2022 results, boosted by high transaction volume
May 6, 2022
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, lifted its…
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Hostess Brands lifts Q1 2022 revenue, earnings on pricing action
May 5, 2022
Hostess Brands Inc. improved its Q1 2022 revenue and earnings over the prior year period, driven by pricing actions and a favorable product mix, according to…
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Kellogg lifts Q1 2022 sales, earnings, raises FY guidance
May 5, 2022
The Kellogg Co.'s Q1 2022 sales increased by more than 2% year on year, as positive price/mix and growth momentum of snacks brands more than offset adverse…
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Pepsi restocks Star Wars vending machine on International Firefighters Day
May 5, 2022
Pepsi took the occasion of Sar Wars Day and International Firefighters Day Wednesday to repair and restock the beverage vending machine in Pittsburgh that has…
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Conagra taps McDonald’s Lucy Brady to head snacks, grocery
May 4, 2022
Lucy Brady Conagra Brands Inc. has named Lucy Brady as president of grocery and snacks, effective June 15, 2022, according to a press release.
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Carvana installs car vending machine in San Francisco
May 4, 2022
Carvana, an e-commerce platform for buying and selling used cars online that offers a car vending machine, launched its newest car vending machine, located in…
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AMI Entertainment selects Vengo ad server to connect jukeboxes to advertisers
May 4, 2022
AMI Entertainment, a provider of music services to bars and restaurants, has selected Vengo Media Network's ad server to connect 20,000 jukeboxes with…
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Coca-Cola Consolidated boosts Q1 2022 sales, earnings
May 4, 2022
Coca-Cola Consolidated Inc. lifted its sales and earnings for Q1 2022 over the prior year period, boosted by pricing actions in the second half of 2021 and…
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Busted man earned $2k per day from marijuana machine
May 4, 2022
Police arrested a Detroit man who allegedly made $2,000 a day operating a marijuana vending machine outside of his home., according to a 23ABC News report.
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US Starbucks earnings holding steady, international sales drop
May 3, 2022
Starbucks reported Tuesday that its U.S. same-store sales were up 12%, which beat Wall Street expectations of nearly 9%, but revenue and earnings per share…
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PizzaForno taps Marco's Pizza's Jason Lowder as CMO
May 3, 2022
Jason Lowder PizzaForno, a Canada-based provider of pizza vending machines, has named Jason Lowder as chief marketing officer. Lowder, the former vice…
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Industry loses Ed Kovens of A&A Global Industries
May 3, 2022
Ed Kovens Ed Kovens, the second generation leader of Cockeysville, Maryland based A&A Global Industries Inc., recently passed away, his family…
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Brooklyn Dumpling Shop to open automat store in Queens
May 3, 2022
Brooklyn Dumpling Shop, a quick serve dumpling franchise that uses an Automat concept, is coming to Queens, New York after franchisees Jose Marrero and…
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Grupo Bimbo reports record Q1 2022
May 3, 2022
Grupo Bimbo, a Mexico based snack manufacturer, reported a record first quarter for Q1 2022, according to an earnings release. Highlights include:
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J&J Snack Foods lifts Q2 2022 sales, suffers earnings dip
May 3, 2022
J&J Snack Foods Corp. improved its Q2 2022 sales over the prior year period, but suffered an earnings loss, according to an earnings report. Highlights…
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NRA lobbies lawmakers on industry priorities for pending legislation
May 2, 2022
The National Restaurant Association is asking congressional leaders to ensure the restaurant industry is being considered as lawmakers continue crafting bills…
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Nayax teams with Mideast partner to expand to UAE
May 2, 2022
Nayax Ltd., an Israel based commerce enablement and payments platform designed to help merchants scale their business, has partnered with Network International…
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Private equity firm acquires Kar’s Nuts, Sanders Chocolate brands
May 2, 2022
CapVest Partners LLP, a London based private equity investor, has acquired Madison Heights, Michigan based Second Nature Brands, which owns Kar's Nuts and…
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Rhode Island considers banning single-serve bottled water in state facilities
May 2, 2022
Lawmakers in Rhode Island are considering a bill to prohibit state entities from purchasing single-serving bottled water for use in state facilities, according…
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