Foodservice News & Media

Utz Brands lifts Q1 2023 results on organic net sales gain

May 15, 2023

Utz Brands Inc. lifted its Q1 2024 sales and improved its loss driven by organic sales growth, according to an earnings release. Highlights include:

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US Foods lifts Q1 2023 results on cost inflation, volume growth

May 15, 2023

US Foods Holding Corp. lifted its Q1 2023 sales and earnings boosted by cost inflation and case volume growth, according to an earnings release, beating…

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Convenience retail innovation mesmerizes attendees at Georgia World Congress Center

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

The trade show offered a wealth of innovation such as checkout-free markets, smart glassfront merchandisers, AI enabled biometric identification and age…

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Performance Food Group lifts Q3 2023 results, Vistar sales surge on price hikes

May 11, 2023

Performance Food Group Co., which owns Vistar, a national convenience services wholesale distributor, raised its Q3 2023 sales and earnings compared to the…

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Hostess Brands lifts Q1 2023 results, beats expectations

May 10, 2023

Hostess Brands Inc. lifted its Q1 2023 revenue and income, beating analyst expectations. Highlights include:

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Convenience services operators primed for trade show season

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

With micro markets continuing to lead the growth, convenience services operators are looking for more product variety than ever. Operators are overall primed…

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Aramark posts strong Q2 2023 results

May 9, 2023

Aramark Corp. reported Q2 2023 revenue and income gains, driven by pricing and new business, according to a press release. Highlights include:

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SodexoMagic names Charles Johnson president

May 9, 2023

SodexoMagic, the joint venture between Sodexo and Magic Johnson Enterprises, has named Charles Johnson president, according to a press release.

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Tyson Foods posts Q2 2023 loss

May 8, 2023

Tyson Foods Inc. reported a loss for Q2 2023, citing a challenging meat market, according to an earnings report. Highlights include:

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Kellogg boosts Q1 2023 sales, earnings slide

May 5, 2023

Kellogg Co. lifted its Q1 2023 sales boosted by snacks and noodles and a continued rebound in North American cereal, according to a press release. Highlights…

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Compass Group Canada names 2 COOs

May 4, 2023

Compass Group Canada promoted Michael Hachey and Ashton Sequeira to chief operating officer positions, according to a press release.

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Kraft Heinz lifts Q1 2023 results boosted by price hikes

May 3, 2023

Kraft Heinz Inc. lifted its sales and income for Q1 2023 over the prior year period, boosted by price increases, according to an earnings report. Highlights…

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UK’s Hopwells acquires Windsor Foodservice

May 3, 2023

Hopwells, a Bilborough, U.K.-based frozen food wholesaler, has acquired Windsor Foodservice, based in Barnsley, U.K., a provider of chilled goods including…

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John B Sanfilippo boosts Q3 2023 sales, earnings

May 3, 2023

John B. Sanfilippo & Son Inc. boosted its Q3 2023 sales and earnings driven by higher sales volume, according to a press release. Highlights include:

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Sysco boosts Q3 2023 sales, earnings

May 2, 2023

Sysco Corp. lifted its Q3 2023 sales and earnings over the prior year period, according to an earnings report. Highlights include:

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Liberty Coca-Cola intros new Coke can design to US

May 2, 2023

Liberty Coca-Cola Beverages has introduced the brand's first sleek 12-ounce aluminium can in the U.S. The products will be available in locations across the…

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Coca-Cola announces executive changes

April 28, 2023

The Coca-Cola Co. has named several executives, according to a press release.

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Tyson Foods to lay off employees

April 27, 2023

Tyson Foods Inc. will lay off about 10% of corporate jobs and 15% of senior leadership positions, Chief Executive Donnie King told employees on Wednesday…

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Hershey reports strong Q1 2023 boosted by pricing, customer demand

April 27, 2023

Hershey Co. boosted its Q1 2023 results driven by pricing and strong customer demand, according to an earnings report. Highlights include:

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PepsiCo launches sustainability initiative for customers

April 27, 2023

PepsiCo Inc. has introduced pep+ Partners for Tomorrow, a platform that delivers solutions that aim to support its customers in achieving their sustainability…

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