Coffee Service News
Kraft Heinz reports Q3 2023 sales gain, income dip
November 1, 2023
Kraft Heinz Inc. reported a Q3 2023 sales gain and an income dip against the prior year period, according to an earnings report. Highlights include:
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Luckin Coffee boosts Q3 2023 revenues, earnings
November 1, 2023
Luckin Coffee, a pioneer in coffee vending and a competitor to Starbucks in China that emerged from bankruptcy proceedings last year, improved its revenue and…
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Selecta intros crypto payment to food machines
November 1, 2023
Selecta Group, the Switzerland-based route service provider of convenience services throughout Europe, has introduced what may be the first food vending…
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Sysco lifts Q1 2023 sales, earnings
October 31, 2023
Sysco Corp. lifted its sales and earnings for Q1 2023 over the prior year period, with growth in both its domestic and international operations, according to…
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Burdette Beckmann acquires Promark
October 30, 2023
Burdette Beckmann Inc., a Fort Lauderdale, Florida-based product brokerage serving the convenience services industry, has acquired Promark, a Lafayette…
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Keurig Dr Pepper to distribute Electrolit in US
October 30, 2023
Keurig Dr Pepper Inc. has signed a distribution agreement with Grupo PiSA to market its Electrolit hydration beverage across the U.S., according to a press…
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Beverage tech provider Sidework raises $10M in funding
October 30, 2023
Sidework, a beverage technology company formerly known as Backbar serving the self service and restaurant industries, has closed new funding to bring the total…
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Sodexo boosts 2023 revenue and earnings
October 27, 2023
Sodexo PLC, a Paris-based global foodservice contractor, lifted its 2023 revenue and earnings in double digits over 2022, boosted in part by post-COVID return…
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Danone lifts Q3 2023 sales, raises full year expectations
October 26, 2023
Danone S.A., a Paris-based global provider of dairy and plant-based products, waters and nutrition, lifted its Q3 2023 sales with varying business segment and…
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Groupe SEB lifts Q3 2023 sales boosted by professional equipment
October 26, 2023
Groupe SEB, the Ecully, France-based parent company of Wilbur Curtis Co. in the U.S. and several professional and consumer coffee equipment brands in Europe…
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Keurig Dr Pepper boosts Q3 2023 results, surpasses expectations
October 26, 2023
Keurig Dr Pepper Inc. lifted its sales and earnings for Q3 2023 against the prior year period, according to an earnings report, surpassing analyst expectations.
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Golden State Foods promotes 3
October 24, 2023
Ken Mance (Photo: Golden State Foods) Golden State Foods, an Irvine, California-based wholesale foodservice product supplier to the foodservice and…
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Sodexo to offshore back office work to India, cut 80 jobs
October 23, 2023
Sodexo, a Paris-based global foodservice contractor, will offshore work from its financial back office in Cheektowaga, New York to a Mumbai, India facility…
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Sysco breaks ground on Arizona distribution facility, to add 257 jobs
October 20, 2023
Sysco Corp. recently broke ground on a 353,600-square-foot distribution facility, Sysco Arizona East, in Mesa, Arizona, according to a press release.
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Nestle closes Israel production facility, reports 9-month sales dip
October 20, 2023
Nestle SA has temporarily shut down its Israel production facility in response to Mideast tensions and has reported a 0.4% sales decline for the first nine…
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WMF intros bean-to-cup professional coffee machine
October 20, 2023
WMF GmbH, a Groupe SEB company, has introduced its 1500 F bean-to-cup coffee machine that uses freshly ground beans and allows guests to receive their coffee…
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Keurig Dr Pepper to invest $100M in South Carolina roasting/manufacturing facility, add 250 jobs
October 19, 2023
Keurig Dr Pepper, a producer of hot and cold beverages, will invest $100 million in addition to the $380 million previously invested in its coffee roasting and…
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Mars to expand Virginia headquarters
October 17, 2023
Mars Inc. is planning to expand its McLean, Virginia, headquarters by close to 50,000 square feet, according to an ffxnow.com report.
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Winston Foodservice names customer care manager
October 17, 2023
Rachel Wagner (Image: Winston Foodservice) Winston Foodservice, a commercial kitchen equipment manufacturer, has hired Rachel Wagner as customer…
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Aramark taps Sasha Day to head Aramark Destinations
October 16, 2023
Photos: Aramark Corp. Aramark Corp. has promoted Sasha Day from chief product officer of Collegiate Hospitality to president and CEO of Aramark…
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