Foodservice News & Media

Hershey reports mixed Q4 2023 results, misses analyst expectations

February 8, 2024

The Hershey Co. reported an income decline despite a slight sale gain for Q4 2023 compared to the prior year quarter, according to an earnings report.

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Aramark reports Q1 2024 earnings dip on revenue gain, surpasses expectations

February 7, 2024

Aramark Corp. lifted its Q1 2024 revenue over the prior year period, while earnings declined, according to a press release. Highlights include:

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Middleby acquires GBT GmbH Bakery Technology

February 7, 2024

Middleby Corp. has acquired GBT GmbH Bakery Technology, based in Lünen, Germany, according to a press release.

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Performance Food Group lifts Q2 2024 results, surpasses expectations

February 7, 2024

Performance Food Group Inc., which owns Vistar Corp., the nationwide vending product warehouse distributor, lifted its sales and earnings for Q2 2024 over the…

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Farmer Brothers names John Moore president/CEO

February 7, 2024

John Moore (Image: LinkedIn) Farmer Brothers, a roaster, wholesaler and distributor of coffee, tea and allied products, has named John Moore as…

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Shawn O’Grady to retire from General Mills North America Foodservice

February 7, 2024

Shawn O'Grady (Image: LinkedIn) Shawn O'Grady, group president, North America Foodservice at General Mills Inc., will retire from the company…

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Sugar Foods taps Coca-Cola Icecek’s Andriy Avramko as CFO

February 6, 2024

Sugar Foods Corp., serving foodservice, grocery, retail and restaurant brands, has named Andriy Avramenko as chief financial officer effective immediately…

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J&J Snack Foods lifts Q1 2024 earnings despite sales dip

February 6, 2024

J&J Snack Foods Corp. lifted its Q1 2024 earnings against declining sales over the prior year period, according to an earnings report. Highlights include:

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Sodexo acquires Five Star Food Services in Texas

February 5, 2024

Sodexo's InReach has acquired Five Star Food Services headquartered in Stafford, Texas, near Houston, according to a press release. Terms of the acquisition…

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New York lawmakers seek tax, safety labels for sugary drinks

February 5, 2024

New York state lawmakers have reintroduced two bills that will increase the cost of sugary beverages, according to the National Automatic Merchandising…

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Keurig teams with Lavazza on Canadian brand K-Cup

February 2, 2024

Keurig Dr Pepper Inc. has expanded its partnership with Lavazza Group to provide wider sales and distribution of Lavazza K-Cup pods and the introduction of the…

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PepsiCo Beverages opens Wisconsin warehouse

February 2, 2024

PepsiCo Beverages North America has opened a 150,000-square-foot warehouse in Lisbon, Wisconsin, a regional hub with more than 260 employees, according to a…

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Tech 24 teams with Georgia installation and repair firm

February 1, 2024

Tech24, a provider of commercial foodservice equipment repair and maintenance, has partnered with Central GA Refrigeration, a Georgia-based cooking equipment…

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Our Home to acquire Utz Quality Foods brands

February 1, 2024

Our Home, an operating company of Better-for-You brands that includes Real Food From the Ground Up, Popchips and Food Should Taste Good, has agreed to acquire…

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John B Sanfilippo lifts Q2 2024 sales, earnings

February 1, 2024

John B. Sanfilippo & Son Inc. lifted sales and earnings for Q2 2024 over the prior year period, according to a press release. Highlights include:

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Starbucks boosts Q1 2024 results, but misses expectations

January 31, 2024

Starbucks boosted its sales and earnings for Q1 2024 but cut its full year guidance after missing its sales and earnings projections. Highlights from an…

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Mars Wrigley names Vietnam GM

January 31, 2024

Huyen Bui (Photo: Mars Wrigley) Mars Wrigley, a global provider of snacks, has appointed Huyen Bui as general manager for Vietnam, reporting to…

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Nestlé to lay off 216 in Ohio

January 31, 2024

Nestlé plans to lay off 216 employees at its Solon, Ohio, facility, according to a wkyc.com report. The company said the layoff are intended to allow the…

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Bottler affiliated CS operation taps tech to overcome challenges

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

DC Vending & Distributing has withstood the setbacks of the Great Recession and COVID-19 and is currently riding the Pacific Northwest's economic growth.

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Sysco lifts Q2 2024 sales, earnings; reaffirms FY guidance

January 30, 2024

Sysco Corp. lifted its Q2 2024 sales and earnings over the prior year period and reaffirmed its full year guidance, according to an earnings report. Highlights…

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