Foodservice News & Media
Ferrero North America breaks ground on $214M Illinois plant, will create 200 jobs
November 9, 2022
Ferrero North America, part of the global sweet-packaged food company Ferrero Group known for Nutella, Tic Tac, Butterfinger and Crunch branded products…
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Selecta Group boosts Q3 2022 sales
November 7, 2022
Selecta Group, the Switzerland-based route service provider of convenience services, lifted its Q3 2022 sales, driven by recovery in both the private and…
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Sealed Air to acquire Liquibox for $1.15B
November 7, 2022
Sealed Air Corp., a Charlotte, North Carolina-based packaging company, has signed a definitive agreement to acquire Liquibox, a Richmond, Virgina-based…
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Hershey lifts Q3 2022 revenue, raises FY 2022 guidance
November 4, 2022
Hershey Co. lifted its Q3 2022 revenue and raised its full-year guidance, according to an earnings released, beating analyst expectations. Highlights include:
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Hostess Brands lifts Q3 2022 results, raises FY guidance
November 3, 2022
Hostess Brands Inc. lifted its Q3 2022 revenue and earnings over the prior year period and raised its full year guidance, boosted by pricing and volume growth…
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Kellogg lifts Q3 2022 results, raises FY guidance, beats analyst expectations
November 3, 2022
Kellogg Co. raised its sales and earnings for Q3 2022 over the prior year period, raising its full year guidance, according to an earnings report. Highlights…
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Diversified Foodservice Supply names 4
November 3, 2022
Dale Barina Diversified Foodservice Supply LLC, a Prospect, Illinois-based provider of private branded parts and supplies for the foodservice…
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Mondelēz boosts Q3 2022 sales, upgrades FY expectations
November 2, 2022
Mondelēz International Inc. reported improved sales for Q3 2022 and upgraded its full year outlook, according to an earnings report. Highlights include:
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John B Sanfilippo lifts Q1 2023 sales, earnings take a hit
November 2, 2022
John B. Sanfilippo & Son lifted its Q1 2023 sales over the prior year period, while earnings took a hit, according to an earnings report. Highlights…
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Sysco posts double digit Q1 2023 sales, earnings growth
November 1, 2022
Sysco Corp. lifted its sales and earnings for Q1 2023 with double digit growth in both its U.S. and international operations, according to an earnings release.
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Campbell Soup names Beekhuizen, Foley to new management roles
November 1, 2022
Mick Beekhuizen Campbell Soup Co. has named Mick Beekhuizen and Chris Foley to new management roles, according to a press release.
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Coffee prices dip on demand concerns
October 31, 2022
Coffee prices have recently faltered in response to rising demand concerns, according to a barchart.com report.
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New Jersey seeks to tax bakery products
October 31, 2022
New Jersey lawmakers have introduced a bill to extend the state sales tax to bakery products that contain at least 30 grams of sugar, according to the NAMA…
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UNLV installs Smart Bistro hot food machine
October 31, 2022
Students at the University of Nevada Las Vegas will be able to order hot food from a vending machine operated by First Class Vending, according to a press…
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Danone lifts Q3 2022 sales, beats analyst expectations
October 28, 2022
Danone S.A., a Paris-based multinational, lifted its Q3 2022 sales over the prior year period, boosted by pricing and currency exchange impact, according to a…
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White Castle expands manufacturing plant
October 28, 2022
White Castle has expanded its retail food manufacturing plant in Vandalia, Ohio. The plant, named "The House That Bill Built" in honor of former president and…
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Sodexo sales, earnings rebound in fiscal 2022
October 27, 2022
Sodexo, a France-based global food services firm, lifted sales and earnings in fiscal 2022 driven by COVID recovery and currency exchange, according to an…
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Kraft Heinz lifts Q3 2022 sales on pricing gains, earnings slide
October 26, 2022
Kraft Heinz Inc. lifted its Q3 2022 sales driven by price hikes while earnings took a dive, according to an earnings release. Highlights include:
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Coca-Cola delivers strong Q3 2022 results, beats expectations
October 25, 2022
The Coca-Cola Co. today reported strong third quarter 2022 results, surpassing sales and earnings expectations, as the company continued to build on the…
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Harbor Foodservice acquires NW Foodservice Distribution
October 25, 2022
Harbor Foodservice, based in Kent, Washington, has acquired Longview, Washington-based NW Foodservice Distribution Inc., a broadline foodservice distributor…
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