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Foodservice News & Media

US Foods improves Q2 2022 results

August 12, 2022

US Foods Holding Corp. improved its sales and earnings for Q2 2022 against the prior year period, exceeding analysts' revenue expectations, according to a…

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Utz Brands lifts Q2 2022 sales, earnings slide

August 12, 2022

Utz Brands Inc. lifted its sales for Q2 2022 but suffered an earnings drop against the prior year period, according to an earnings release. Highlights include:

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KeHe Distributors to expand Colorado distribution center

August 11, 2022

KeHe Distributors will introduce its expanded Aurora, Colorado distribution center on Aug. 31, according to a press release.

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Sysco beats Q4 and FY 2022 sales, earnings expectations

August 10, 2022

Sysco Corp. boosted its Q4 and FY 2022 results, surpassing revenue and earnings expectations, according to an earnings report. Highlights include:

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Aramark boosts Q3 2022 revenue over 2019 levels

August 9, 2022

Aramark Corp. lifted its Q3 2022 revenue and income over the prior year period as revenue surpassed pre-COVID fiscal 2019 levels across all three business…

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Hormel Foods reorganizes business operations

August 9, 2022

Hormel Foods Corp. has announced a new operating model, aligning its businesses to be more agile, consumer and customer focused, according to a press release.

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Tyson Foods boosts Q3 2022 results

August 8, 2022

Tyson Foods Inc. lifted its sales and maintained earnings for Q3 2022 against the prior quarter, according to an earnings release. Highlights include:

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In the market for kitchen equipment? Avoid these mistakes

Kitchen equipment is costly. Making a long-term investment means proper planning. Use these tips to help avoid the most common mistakes.

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Josh Rosenberg joins Automated Retail Technologies

August 8, 2022

Josh Rosenberg, former chair of the National Automatic Merchandising Association and former president of Pflugerville, Texas based Accent Food Services, has…

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Senate OKs Inflation Reduction Act: EV vehicle tax credit, climate incentives, taxes

August 8, 2022

On Sunday, the U.S. Senate passed the Inflation Reduction Act, a nearly $400 billion plan to address climate change and health care costs, and raise taxes on…

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Tyson Foods to expand Illinois manufacturing plant

August 5, 2022

Tyson Foods Inc. broke ground on an expansion project at its Caseyville, Illinois prepared foods facility that will increase automation and create 250 new…

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Empire Equipment acquires California foodservice equipment wholesaler

August 5, 2022

Empire Equipment Co., based in Raleigh, North Carolina, has acquired Pacific Marketing Associates Inc. a wholesale distributor of commercial foodservice…

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Middleby boosts Q2 2022 sales, surpassing expectations

August 4, 2022

Middleby Corp. boosted Q2 2022 sales against the prior year period, surpassing analyst expectations, while earnings declined. Highlights include:

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Kellogg's lifts Q2 2022 sales, surpasses expectations

August 4, 2022

Kellogg's sales rose nearly 10% in Q2 2022, as positive price/mix and in-market momentum in snacks, noodles and international cereal sales increased and were…

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Klondike: Choco Taco may return

August 4, 2022

Klondike is considering restoring the Choco Taco in response to fan reaction to its recent removal, according to a story in The New York Post.

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Sodexo launches Accelerator innovation lab in North America

August 3, 2022

Sodexo Live!, the hospitality partner to Paris based Sodexo Group, has partnered with innovation specialist L Marks to launch the Sodexo Live! Accelerator for…

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Parts Town parent company acquires Commercial Kitchen Parts & Service

August 3, 2022

PT Holdings LLC, parent company of foodservice equipment parts distributor Parts Town, has acquired Commercial Kitchen Parts & Service, a San Antonio based…

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UK football stadium installs frictionless checkout kiosk

August 3, 2022

The Leicester City Football Club in Leicester, U.K. has installed a fictionless kiosk to speed the purchase of food for fans at the club's King Power Stadium…

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J&J Snack Foods boosts Q3 2022 sales, earnings slide

August 3, 2022

J&J Snack Foods Corp. lifted its Q3 2022 sales over the prior year, surpassing analyst expectations, but suffered an earnings decline, according to an…

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Convenience services business brokerage teams with valuation specialist

August 2, 2022

Shelia Darby VBB Advisors, a business broker in the convenience services industry, has partnered with Shelia Darby, MBA, Certified Valuation Analyst…

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