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Coffee Service News & Media

Bevi launches smart water cooler

April 15, 2024

Bevi, which designs smart water coolers for commercial environments, has launched the Black Countertop Smart Water Cooler.

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Five Star Breaktime Solutions acquires Carpet Capital Vending

February 27, 2024

Five Star Breaktime Solutions has acquired Carpet Capital Vending allowing for expansion in the North Georgia region.

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Luckin Coffee surpasses Starbucks in China, posts strong Q4, FY 2023 results

February 23, 2024

Luckin Coffee Inc., a China-based coffee vending pioneer in addition to a nationwide retail coffee house chain, posted significant revenue growth in 2023…

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Nestle lifts 2023 earnings despite sale dip

February 22, 2024

Nestle S.A. lifted its 2023 earnings against a slight sales decline, impacted by soft consumer demand, capacity constraints and a temporary supply disruption…

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Keurig Dr Pepper boosts Q4, FY 2023 sales, earnings

February 22, 2024

Keurig Dr Pepper Inc. boosted its Q4 and FY 2023 sales and earnings against the prior year periods, according to an earnings report. Highlights include:

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Primo Water boosts Q3, FY 2023 revenue, earnings mixed

February 22, 2024

Primo Water Corp., a provider of sustainable drinking water solutions in North America and Europe, lifted its Q4 and FY 2023 revenue over the prior year…

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Coffee machine camera irks Amazon warehouse employees

February 22, 2024

Workers at an Amazon warehouse in Maple Grove, Minnesota, have complained about a camera in a coffee machine operated by Canteen. The employees felt the camera…

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JDE Peet’s 2023 earnings slide despite higher revenue; Russia sanctions raise questions

February 21, 2024

JDE Peet's, which is owned by JAB Holdings and owns Peet's Coffee, Douwe Egberts, Jacobs and other brands, reported declining profits against a slight revenue…

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Campbell Soup taps PepsiCo’s Anthony Kyles for meals/ beverages

February 21, 2024

Anthony Kyles (Photo: Campbell Soup Co.) Campbell Soup Co. has named Anthony Kyles as chief customer officer, meals and beverages, effective March…

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Middleby suffers Q4, FY 2023 sales declines, earnings mixed

February 20, 2024

Middleby Corp. reported Q4 and FY 2023 sales declines while earnings were mixed compared to the prior year periods, according to a press release. Highlights…

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Sodexo promotes David Woodbury to head new commercial team

February 16, 2024

David Woodbury (Photo:Sodexo) Sodexo, a Paris-based foodservice contractor, has promoted David Woodbury from chief sales officer to chief commercial…

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Jones Soda teams with Dot Foods, Green Nature Marketing, Ignite Brand Advisors on foodservice division

February 16, 2024

Jones Soda Co. has launched a foodservice division that expands the brand beyond retail grocery to bars, restaurants and other full-service, quick-service…

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Coca-Cola stalks Poppi

February 16, 2024

The Coca-Cola Co. is seeking to acquire soda brand Poppi, according to people claiming to have knowledge about the matter, Bloomberg reported.

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US Foods to acquire IWC Food Service in Tennessee

February 16, 2024

US Foods Holding Corp. has agreed to acquire IWC Food Service, a broadline distributor located in Cookeville, Tennessee, for an undisclosed sum, according to a…

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US Foods lifts Q4, FY 2023 sales, earnings

February 15, 2024

US Foods Holding Corp., a warehouse foodservice distributor, lifted its Q4 and FY 2023 results over the prior periods, driven by case volume growth. Highlights…

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Kraft Heinz reports mixed Q4, FY 2023 results

February 14, 2024

Kraft Heinz Inc. reported Q4 2023 sales and earnings declines over the prior year period, but slight full-year gains, according to an earnings report.

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Farmer Brothers lifts Q2 2024 results on pricing

February 14, 2024

Farmer Brothers lifted its Q2 2024 results over the prior year period, driven by higher pricing, according to an earnings release.

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Imperial Vending breaks ground on $7.4M facility in Fort Smith, Arkansas

February 13, 2024

Imperial Vending, a Fort Smith, Arkansas-based convenience services provider serving the Fort Smith region, has begun building a $7.4 million…

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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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