Foodservice News & Media
Tyson improves sales, earnings for Q4 2021
November 16, 2021
Tyson Foods Inc. improved sales and earnings for the quarter ending Oct. 2, 2021 compared to the prior year.
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Performance Food Group to build $80 M distribution center in Virginia
November 12, 2021
Performance Food Group Co., parent company of Vistar, the only nationwide vending product warehouse distributor, will invest $80.2 million to establish a…
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General Mills considers selling Progresso, Helper
November 12, 2021
General Mills Inc. is exploring the sale of Progresso and Helper for $3 billion, according to a Bloomberg News report.
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How McDonald’s is leading the way helping low vision customers: Don’t miss SSIS!
November 10, 2021
McDonald's has played a pioneering role popularizing self-service kiosks and this past year the fast food giant is upping its game by introducing technology to…
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PFG boosts Q1 2022 results, Vistar sales recover
November 10, 2021
Performance Food Group Inc., which owns Vistar, the only nationwide wholesale vending product distributor, improved sales and earnings for Q1, 2022, due to…
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Sysco raises Q1 2022 sales, earnings
November 9, 2021
Sysco Corp. delivered strong sales and earnings for the 2022 first quarter, taking the company close to pre-COVID levels, according to an earnings release.
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Campbell taps Family Dollar’s Charles Nevin, promotes Mike Pierson
November 9, 2021
Charles Nevin Campbell Soup Co. has named Charles Nevin as chief customer officer, meals and beverages, effective Nov. 29, 2021, according to a press…
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Tech24 acquires Commercial Kitchens
November 8, 2021
Tech24, a provider of repair and maintenance services for foodservice and commercial HVAC equipment, backed by HCI Equity Partners, has acquired Commercial…
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US Foods improves Q3 2021 sales, earnings
November 8, 2021
US Foods Holding Corp. lifted both its sales and income for the 2021 third quarter ending Oct. 2, 2021, according to a press release.
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Hormel Foods promotes Wendy Watkins to SVP/corporate communications
November 4, 2021
Wendy Watkins Hormel Foods Corp. has promoted Wendy Watkins from vice president of corporate communications to the new post of senior vice president…
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Mondelez International raises 2021 expectations on strong Q3 2021 results
November 3, 2021
Mondelez International Inc. reported improved earnings and revenue for Q3, 2021 and raised its expectations for fiscal 2021, according to an earnings release.
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Sodexo names CEO of US healthcare
November 2, 2021
Stuart Winters Sodexo, a provider of food services and facilities management, has appointed Stuart Winters as CEO for the U.S. healthcare division to…
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PT Holdings acquires K&D Factory Service, Pine Tree Food Equipment
November 2, 2021
PT Holdings, LLC, has acquired K&D Factory Service and Pine Tree Food Equipment for an undisclosed sum, according to a press release. PT Holdings focuses…
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GS Foods acquires Thurston Foods
November 2, 2021
GS Foods Group, Inc., a food distributor owned by affiliates of Highview Capital LLC and A&M Capital Partners, has acquired Thurston Foods Inc., a…
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Hormel Foods announces EVP/CFO change
October 29, 2021
Jim Sheehan plans to retire as executive vice president and chief financial officer after 43 years with Hormel Foods Corp., according to a press release.
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Tyson Foods to build $355 M Kentucky plant, add 450 jobs
October 29, 2021
Tyson Foods Inc. will invest $355 million to build a bacon plant in Bowling Green, Kentucky, according to a press release. The project is part of Tyson's…
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Kraft Heinz lifts Q3 2021 earnings on sales decline
October 27, 2021
The Kraft Heinz Co. reported earnings gains on declining sales for the third quarter of 2021, which reflected growth in organic net sales on top of…
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Sodexo improves earnings on 2021 sales decline
October 27, 2021
Sodexo reported a nearly 10% one-year decline in sales in fiscal 2021, but managed to improve earnings for the fiscal year ending Aug. 31, according to an…
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KIND promotes Russell Stokes to North America CEO
October 21, 2021
Russell Stokes KIND Healthy Snacks has promoted Russell Stokes from chief growth officer to CEO of KIND North America,. reporting to Juan Martin…
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Nestle boosts sales 2.2% for 2021’s 9 months
October 20, 2021
Nestle SA reported a 2.2% sales gain for the firsts nine months of 2021, driven mostly by coffee sales, according to a financial report.
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