Foodservice News & Media

Konop Companies celebrates 75th anniversary

August 11, 2021

Konop Companies, a convenience services firm in northeast Wisconsin, recently celebrated its 75th anniversary, according to a wbay.com report.

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Sysco posts strong Q4 2021 sales and earnings rebound

August 10, 2021

Sysco Corp. posted sales and earnings gains for the fourth quarter ending July 3, 2021 as the industry rebounds from the 2020 setback, according to a press…

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Aramark rebounds from COVID with strong Q3 2021 results

August 10, 2021

Aramark Corp. posted strong revenue and earnings growth in the third quarter as business activity recovered from the COVID-19 setback in 2020, according to an…

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US Foods reports improved sales, earnings for Q2 2021

August 10, 2021

US Foods Holding Corp. reported strong sales and earnings for the second quarter of 2021 ending July 3 as markets lifted in-person dining restrictions on…

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Tyson Foods improves Q3 2021 sales, earnings

August 9, 2021

Tyson Foods Inc. reported improved sales and earnings for the three months ending July 3, 2021 compared to Q3, 2020, according to a press release.

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Cargill, Continental Grain to acquire Sanderson Farms, create poultry powerhouse

August 9, 2021

Cargill and Continental Grain Co. are forming a joint venture to acquire Sanderson Farms Inc. for $203 per share in cash, representing a total equity value for…

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Land O’Lakes reports strong Q2 2021, HY results

August 9, 2021

Land O' Lakes Inc., a farmer-owned coop serving the foodservice and retail sectors, reported $4 billion, a 14% gain over last year's second quarter sales, for…

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B&G Foods suffers Q2 2021 sales, earnings declines

August 6, 2021

B&G Foods reported declines in sales and earnings for the second quarter ending July 3, 2021, driven by the impact of pantry loading during the coronavirus…

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Kellogg reports stronger than expected Q2 2021 results

August 5, 2021

The Kellogg Co. announced stronger-than-expected results for the second quarter ending July 3, 2021 and affirmed its full-year financial guidance, according to…

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Fresh Del Monte Produce boosts Q2 2021 sales, earnings

August 4, 2021

Fresh Del Monte Produce Inc. improved sales and earnings for the Q2, 2021 quarter ending July 2, according to an earnings release.

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Kraft Heinz boosts Q2 2021 income on revenue dip

August 4, 2021

Kraft Heinz net sales decreased 0.5% from $6.65 billion in Q2, 2020 to $6.615 billion for the quarter ending June 26, 2021, including a favorable 2.3% impact…

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Dole closes IPO

August 4, 2021

Dole PLC, a newly-created company formed from the combination of Total Produce PLC and Dole Food Co. Inc., closed its initial public offering of 25 million…

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Quench acquires AquaTechniques

August 3, 2021

Quench, a provider of filtered water solutions for businesses and dealer partners across the U.S. and Canada, has acquired AquaTechniques, a provider of…

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PepsiCo to divest Tropicana, Naked Juice and more

August 3, 2021

PepsiCo Inc. has entered into an agreement with PAI Partners to sell Tropicana, Naked Juice and other select juice brands across North America, and an option…

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Nestle boosts first half sales and earnings

August 2, 2021

Nestlé total sales rose 1.5% from CHF 41.3 billion ($45.64 billion) in the first six months of 2020 to CHF 41.8 billion ($46.19) for the first six months of…

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Compass Group posts Q3 2021 36.4% organic revenue gain

July 30, 2021

Compass Group PLC, the parent company of Compass Group North America and Canteen Vending Services, reported third quarter organic revenue grew by 36.4%…

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Dole merges with Total Produce, announces IPO

July 30, 2021

Dole PLC, a newly created company formed from the combination of Total Produce PLC, an Ireland-based produce company, and Dole Food Co. Inc., announced the…

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United Natural Foods taps Coca-Cola veteran Douglas as CEO

July 29, 2021

J. Alexander Miller Douglas United Natural Foods Inc. named J. Alexander (Sandy) Miller Douglas chief executive officer and a member of its board of…

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Sodexo seeks new CEO to meet post-COVID challenges

July 28, 2021

Sodexo, the Paris based global foodservice contractor, is seeking a new CEO to strengthen its competitiveness and accelerate its transformation while…

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Mondelez reports Q2 2021 sales, earnings growth

July 28, 2021

Mondelez International Inc. posted positive results for the second quarter ending June 30, 2021, as net revenues rose 12.4% from $5.91 billion in Q2, 2020 to…

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