Foodservice News & Media
Utz Brands reports mixed Q2 2023 results, beats expectations
August 10, 2023
Utz Brands Inc. lifted its Q2 2023 sales but suffered an earnings dip, according to an earnings release, but surpassed analyst expectations. Highlights include:
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US Foods lifts Q2 2023 sales, earnings
August 10, 2023
US Foods Inc. lifted its sales and income for Q2 2023 against the prior year's quarter, according to an earnings report. Highlights include:
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Tech 2 Success taps Vagabond's Juan Jorquera
August 10, 2023
Juan Jorquera Tech 2 Success, an IT solutions provider in North America, has named Juan Jorquera business development manager. He joins the Tech …
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Jones Soda reduces Q2 2023 loss against revenue decline
August 10, 2023
Jones Soda Co. was able to improve its Q2 2023 loss over the prior year period despite a revenue decline, according to an earnings report. Highlights include:
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Modern vending makes the grade at SUNY campus
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Following the COVID shutdown, the SUNY-Delhi foodservice auxiliary could not reopen the campus convenience store to offer food in the late evening. Vending…
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Tech24 acquires Pronto Repairs
August 9, 2023
Tech24, a national provider of commercial foodservice equipment repair and maintenance, has acquired Pronto Repairs, a provider of foodservice and commercial…
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TriMark USA names Tom Wienclaw CEO
August 9, 2023
Tom Wienclaw TriMark USA LLC, a provider of equipment, design services and supplies to the foodservice industry, has promoted Tom Wienclaw from…
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Aramark delivers strong Q3 2023 results, beats expectations
August 8, 2023
Aramark Corp. delivered sales and earnings gains for Q2 2023 against the prior year period, driven in part by pricing action and new business growth, according…
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Farmer Brothers seeks new CFO
August 8, 2023
Brad Bollne Farmer Brothers Co. has named Vice President of Finance Brad Bollner as the interim chief financial officer as the company conducts a…
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Coca-Cola India names VP/HR for Asia Pacific
August 8, 2023
Irene Tan Coca-Cola India has promoted Irene Tan from talent and development director for Asia Pacific to vice president, human resources for India…
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Campbell Soup to acquire Sovos Brands for $2.7B
August 8, 2023
Campbell Soup Co. has agreed to acquire Sovos Brands Inc. for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion…
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Five Star Food Service acquires Indiana company’s vending assets
August 7, 2023
Five Star Food Service Inc., A Canteen franchise headquartered in Chattanooga, Tennessee, has acquired the vending assets of Millstone Catering Group in North…
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Tyson reports Q3 2023 sales and earnings fall, will close 4 plants
August 7, 2023
Tyson Foods Inc. reported negative results for Q3 2023 against the prior year quarter and announced the closing of four chicken facilities, according to an…
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Reformed Maine bottle redemption program raises concern
August 6, 2023
Beverage brands have raised concerns about Maine's new bottle redemption program which raised the handling fee manufacturers pay to redemption centers from 4.…
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Five Star Food Service acquires Franks Vending in Tennessee
August 4, 2023
Five Star Food Service Inc., a Canteen franchise based in Chattanooga, Tennessee, has acquired Franks Vending, a vending and micro-market operator in Pulaski…
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Selecta Group boosts Q2 2023 results
August 3, 2023
Selecta Group, the Switzerland-based route service provider of convenience services throughout Europe, improved its sales and profitability for Q2 2023 over…
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Sysco reports record Q4 and FY results
August 3, 2023
Sysco Corp. delivered record sales and earnings for both Q4 and full year 2023, boosted by improvement in both its U.S. and international foodservice segments…
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Kellogg lifts Q2 2023 results driven by snack sales
August 3, 2023
Kellogg improved its Q2 2023 results driven by sustained momentum in snacks, according to an earnings report.
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Middleby improves Q2 2023 sales, earnings
August 3, 2023
Middleby Corp. lifted its Q2 2023 sales and earnings over the prior year period, according to an earnings release.
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Lessing’s Hospitality acquires Division Hospitality
August 3, 2023
Lessing's Hospitality Group, based in Grand River, New York, has acquired Division Hospitality Group, a provider of food services to Catholic schools in the…
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