Foodservice News & Media

Utz Brands boosts Q4, FY 2022 sales, earnings results mixed

March 2, 2023

Utz Brands Inc. lifted its Q4 and FY 2022 sales while earnings were mixed, according to an earnings release.

Hormel Foods suffers Q1 2023 sales, earnings declines

March 2, 2023

Hormel Foods Corp. reported falling sales and earnings for Q1 2023 due to a continuously challenging operating environment, according to an earnings release.

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Luckin Coffee lifts Q4, FY 2022 revenues on COVID recovery

March 2, 2023

Luckin Coffee, a pioneer in coffee vending and a competitor to Starbucks in China which restructured in 2021 after filing for bankruptcy protection, lifted its…

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JM Smucker lifts Q3 2023 sales, earnings

March 1, 2023

The J.M. Smucker Co., which owns Folgers, Dunkin', Smucker and other brands, lifted its sales and earnings for Q3 2023, according to an earnings report.

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Nestlé to exit Myanmar over violence, instability

March 1, 2023

Nestlé S.A. will close its factory and head office in Yangon, Myanmar due to violence and instability in the country, according to a CNN report.

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Monster Beverage reports record Q4 2022 sales, earnings slide

March 1, 2023

Monster Beverage Corp. reached record Q4 2022 sales boosted by price hikes, but suffered an earnings decline, according to a press release. Full year results…

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Westrock Coffee acquires Bixby Roasting

March 1, 2023

Westrock Coffee Co., a coffee provider to the retail, foodservice, convenience store, travel center and hospitality industries, has acquired Bixby Roasting…

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Danone to build $65M Florida facility for coffees, creamers

February 28, 2023

Danone North America will invest up to $65 million over the next two years to create a new bottle production line in Jacksonville, Florida, according to a…

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Coca-Cola Bottling breaks ground on $85M Georgia expansion, to add 50 jobs

February 27, 2023

Coca-Cola Bottling Co. United Inc., a Birmingham, Alabama-based Coca-Cola bottler, recently broke ground on an $85 million expansion of its Macon, Georgia…

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Illinois court awards White Castle employee for biometrics privacy law violation

February 27, 2023

The Illinois Supreme Court recently ruled in favor of a plaintiff seeking damages against White Castle for violating the state's biometrics privacy law…

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Hostess Brands lifts Q4, FY 2022 sales on pricing actions, earnings mixed

February 22, 2023

Hostess Brands lifted Q4 and FY 2022 sales, boosted by pricing actions, while earnings results were mixed, according to an earnings release.

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Danone lifts Q4, FY 2022 sales boosted by price hikes, FY earnings fall

February 22, 2023

Sales for Danone S.A. in Q4 2022 topped estimates boosted by higher prices, and the company plans to lift prices again this year, if necessary, according to a…

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Tech24 acquires Commercial Kitchen Repairs

February 22, 2023

Tech24, a national provider of commercial foodservice equipment repair and maintenance, has acquired Commercial Kitchen Repairs, a provider of repair services…

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Checkout-free market brings convenience, incremental sales to Dave & Buster’s

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Dave & Buster's in Hollywood, Florida teamed with The Coca-Cola Co. and Zippin to deploy a 'store within a store' and allow guests to buy food and beverages…

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Tyson Foods to acquire Williams Sausage

February 21, 2023

Tyson Foods Inc. has agreed to acquire Williams Sausage Co. Inc. of Union City, Tennessee, for an undisclosed sum, according to a press release.

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Middleby boosts Q4, FY 2022 sales, earnings results mixed

February 21, 2023

Middleby Corp. lifted its Q4 and FY 2022 sales while earnings results were mixed, according to a press release. Highlights include:

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Flowers Foods completes acquisition of Papa Pita Bakery

February 21, 2023

Flowers Foods Inc., which owns the Mrs. Freshley's, Tastykake, Nature's Own and other consumer brands, has completed the previously announced acquisition of…

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Vending machines in HORECA locations?

by Sam Roberts — Digital Marketing Manager, Connect Vending

The vending machine clearly has much to offer the HORECA industries in the post pandemic era.

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Gameway's inclusive, experiential vision a surprise hit

by Daniel Brown — Editor, Networld Media Group

The story of how husband-wife duo Jordan and Emma Walbridge created Gameway, a line of videogame lounges aiming to transform the airport experience by fusing…

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De Jong Duke taps Evoca’s Rafael Rosario

February 20, 2023

Rafael Rosario De Jong Duke, a Holland based coffee service equipment manufacturer, has named coffee service industry veteran Rafael Rosario as key…

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