Foodservice News & Media
Tyson Foods lifts Q1 2023 sales, suffers earnings slide
February 8, 2023
Tyson Foods Inc. suffered an earnings decline against a sales boost for Q1, 2023 due to market dynamics and operational inefficiencies, according to an…
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Performance Food Group lifts Q2 2023 results, Vistar sales jump 23%
February 8, 2023
Performance Food Group, which owns Vistar, a national convenience services wholesale distributor, reported improved results for Q2 2023 supported by inflation…
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Flowers Foods names Cindy Cox HR chief
February 7, 2023
Cindy Cox Flowers Foods Inc., which owns Mrs. Freshley's, Tastykake, Nature's Own and other brands, has named Cindy Cox chief human resources…
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NRF: Recession unlikely, growth ahead
February 7, 2023
A U.S. recession is unlikely and there will be slight growth this year, according to National Retail Federation Chief Economist Jack Kleinhenz.
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Hormel Foods promotes Henry Hsia to VP/retail marketing – snacking and entertaining
February 6, 2023
Henry Hsia Hormel Foods Corp. has promoted Henry Hsia from his leadership of the Columbus Craft Meats brand to vice president of retail marketing …
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UK soda tax credited with reducing girls' obesity
February 6, 2023
Researchers at the University of Cambridge in the U.K. claim a soda tax has assisted in preventing thousands of cases of obesity among girls 10 and 11 years…
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Hershey boosts Q4, FY 2022 results, surpasses analyst expectations
February 2, 2023
Hershey Co. lifted its Q4 and FY sales and earnings for 2022, according to an earnings release, and surpassed analyst estimates.
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Frito-Lay Snack Index: Americans anxious to try new snacks
February 2, 2023
Most Americans (71%) are excited to try new flavors or variations of their favorite snack in 2023, a gain over prior years, according to the newly released…
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Mikesells snack company closes after more than a century
February 2, 2023
Mikesells, a Dayton, Ohio-based snack manufacturer since 1910, has decided to close up shop, according to a local112.com report.
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John B. Sanfilippo & Son boosts Q2 2023 sales, earnings on price hikes
February 2, 2023
John B. Sanfilippo & Son Inc. lifted its Q2 2023 sales and earnings over the prior year period boosted by price increases, according to an earnings report.
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Conagra Brands recalls 2.58M canned meat, poultry products
February 1, 2023
Conagra Brands Inc. has recalled approximately 2.58 million pounds of canned meat and poultry products due to a packaging defect that may cause the products to…
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US Foods to offer foodservice clients hospitality robots, more
February 1, 2023
US Foods Holding Corp., a wholesale foodservice distributor, has added Bear Robotics and 7shifts technology to its CHECK Business Tools program, according to a…
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Expanding into new services: Nuts and bolts
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Convenience services operators got a crash course on pivoting the business during COVID. Those lessons served them well when looking at new services to add in…
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Sysco lifts Q2 2023 sales, earnings slide
January 31, 2023
Sysco Corp. reported higher sales and an earnings decline for Q2 2023, according to an earnings release. Highlights include:
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J&J Snack Foods lifts Q4 2022 sales, earnings slide
January 31, 2023
J&J Snack Foods Corp. lifted its Q4 2022 sales while earnings declined, according to an earnings report. Highlights include:
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Groupe SEB reports ‘stable’ 2022 sales
January 30, 2023
Groupe SEB, a France-based manufacturer that owns Wilbur Curtis Co. in the U.S. in addition to other coffee equipment brands, generated 2022 sales of €7.9…
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Nestle SA to invest $100M in Colombia
January 30, 2023
Nestle SA will invest $100 million over the next three years in its operations in Colombia, President Gustavo Petro said Friday, according to a Reuters report.
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Second Nature Brands taps Welch Foods’ Chris Caswell as CFO
January 30, 2023
Chris Caswell Second Nature Brands, which owns Kar's Nuts, Sanders and Brownie Brittle brands, has named Chris Caswell as chief financial officer…
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Danone considers divesting Horizon Organic, Wallaby brands
January 27, 2023
Danone is considering selling its Horizon Organic and Wallaby businesses in the U.S. as part of its portfolio review announced in March 2022, according to a…
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Tyson Foods names Wes Morris president of poultry business
January 27, 2023
Wes Morris Tyson Foods Inc. has named Wes Morris president of its poultry business, effective today. He returns to the company after retiring in…
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