Selecta Group lifts Q1 2023 sales on European recovery

May 15, 2023

Selecta Group, a Switzerland-based route service provider of convenience services in Europe, reported a 11.7% sales gain to €309.1 million ($336.03 million)…

US Foods lifts Q1 2023 results on cost inflation, volume growth

May 15, 2023

US Foods Holding Corp. lifted its Q1 2023 sales and earnings boosted by cost inflation and case volume growth, according to an earnings release, beating…

Quench acquires Wisconsin water services dealer

May 15, 2023

Quench, a provider of filtered drinking water solutions for businesses and dealer partners across North America, has acquired Pure Water Technology of Northern…

Performance Food Group lifts Q3 2023 results, Vistar sales surge on price hikes

May 11, 2023

Performance Food Group Co., which owns Vistar, a national convenience services wholesale distributor, raised its Q3 2023 sales and earnings compared to the…

German coffee machine maker teams with Diebold Nixdorf on self-serve coffee purchases

May 10, 2023

WMF Professional Coffee Machines, a German manufacturer of coffee machines for commercial use, has teamed with Diebold Nixdorf Inc., a provider of retail and…

Aramark posts strong Q2 2023 results

May 9, 2023

Aramark Corp. reported Q2 2023 revenue and income gains, driven by pricing and new business, according to a press release. Highlights include:

Selecta teams with Aquablu to introduce sustainable hydration

May 8, 2023

Selecta Group, the Switzerland-based route service provider of coffee and convenience food solutions in Europe, has teamed with Aquablu, a Netherlands-based…

Maine considers banning single-use bottles on government grounds

May 8, 2023

The convenience services industry is working to prevent Maine from passing a law prohibiting single-use bottles on certain government property.

Compass Group Canada names 2 COOs

May 4, 2023

Compass Group Canada promoted Michael Hachey and Ashton Sequeira to chief operating officer positions, according to a press release.

Illycaffè reports strong Q1 2023 results

May 4, 2023

Illycaffè SpA, a Trieste, Italy-based specialty coffee company, reported double digit revenue growth for Q1 2023 over the prior year period, according to a…

Primo Water Corp lifts Q1 2023 results on pricing, rising demand

May 4, 2023

Primo Water Corp., a provider of water direct to consumers and water filtration services in North America and Europe, as well as a provider of water…

Kraft Heinz lifts Q1 2023 results boosted by price hikes

May 3, 2023

Kraft Heinz Inc. lifted its sales and income for Q1 2023 over the prior year period, boosted by price increases, according to an earnings report. Highlights…

Starbucks percolates solid Q2

by Cherryh Cansler — Publisher, FastCasual.com

May 3, 2023

Starbucks CEO Laxman Narasimhan said the chain was focused on advancing technology, enhancing equipment, and streamlining operations.

Sysco boosts Q3 2023 sales, earnings

May 2, 2023

Sysco Corp. lifted its Q3 2023 sales and earnings over the prior year period, according to an earnings report. Highlights include:

Luckin Coffee raises Q1 2023 sales, earnings

May 1, 2023

Luckin Coffee Inc., a pioneer in coffee vending and a competitor to Starbucks in China that returned to growth this year following a 2021 bankruptcy, boosted…

Keurig Dr Pepper boosts Q1 2023 sales on higher pricing, earnings slide

April 28, 2023

Keurig Dr Pepper Inc. lifted its Q1 2023 sales boosted by higher pricing while earnings took a hit, according to a press release. Highlights include:

Commercial sector posts bright spot for Groupe SEB amid Q1 2023 sales fall

April 28, 2023

Groupe SEB, a France-based multinational that owns Montebellow, California-based Wilbur Curtis Co., along with other coffee equipment brands, suffered a sales…

Robusta coffee prices surge

April 27, 2023

Robusta coffee, historically less expensive than the milder arabica variety, hit its highest price levels in 12 years this week as roasters used more of a…

Danone lifts Q1 2023 sales on price hikes, raises guidance

April 26, 2023

Danone SA lifted its Q1 2023 sales boosted by price increases and raised its 2023 guidance, according to an earnings report. Highlights include:

Nestle lifts Q1 2023 sales boosted by price hikes

April 25, 2023

Nestlé SA lifted its Q1 2023 sales lifted by pricing, according to a financial report. Highlights include: