Foodservice News

Aramark boosts Q3 2022 revenue over 2019 levels

August 9, 2022

Aramark Corp. lifted its Q3 2022 revenue and income over the prior year period as revenue surpassed pre-COVID fiscal 2019 levels across all three business…

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Hormel Foods reorganizes business operations

August 9, 2022

Hormel Foods Corp. has announced a new operating model, aligning its businesses to be more agile, consumer and customer focused, according to a press release.

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Tyson Foods boosts Q3 2022 results

August 8, 2022

Tyson Foods Inc. lifted its sales and maintained earnings for Q3 2022 against the prior quarter, according to an earnings release. Highlights include:

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Josh Rosenberg joins Automated Retail Technologies

August 8, 2022

Josh Rosenberg, former chair of the National Automatic Merchandising Association and former president of Pflugerville, Texas based Accent Food Services, has…

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Senate OKs Inflation Reduction Act: EV vehicle tax credit, climate incentives, taxes

August 8, 2022

On Sunday, the U.S. Senate passed the Inflation Reduction Act, a nearly $400 billion plan to address climate change and health care costs, and raise taxes on…

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Tyson Foods to expand Illinois manufacturing plant

August 5, 2022

Tyson Foods Inc. broke ground on an expansion project at its Caseyville, Illinois prepared foods facility that will increase automation and create 250 new…

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Empire Equipment acquires California foodservice equipment wholesaler

August 5, 2022

Empire Equipment Co., based in Raleigh, North Carolina, has acquired Pacific Marketing Associates Inc. a wholesale distributor of commercial foodservice…

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Middleby boosts Q2 2022 sales, surpassing expectations

August 4, 2022

Middleby Corp. boosted Q2 2022 sales against the prior year period, surpassing analyst expectations, while earnings declined. Highlights include:

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Kellogg's lifts Q2 2022 sales, surpasses expectations

August 4, 2022

Kellogg's sales rose nearly 10% in Q2 2022, as positive price/mix and in-market momentum in snacks, noodles and international cereal sales increased and were…

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Klondike: Choco Taco may return

August 4, 2022

Klondike is considering restoring the Choco Taco in response to fan reaction to its recent removal, according to a story in The New York Post.

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Sodexo launches Accelerator innovation lab in North America

August 3, 2022

Sodexo Live!, the hospitality partner to Paris based Sodexo Group, has partnered with innovation specialist L Marks to launch the Sodexo Live! Accelerator for…

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Parts Town parent company acquires Commercial Kitchen Parts & Service

August 3, 2022

PT Holdings LLC, parent company of foodservice equipment parts distributor Parts Town, has acquired Commercial Kitchen Parts & Service, a San Antonio based…

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UK football stadium installs frictionless checkout kiosk

August 3, 2022

The Leicester City Football Club in Leicester, U.K. has installed a fictionless kiosk to speed the purchase of food for fans at the club's King Power Stadium…

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J&J Snack Foods boosts Q3 2022 sales, earnings slide

August 3, 2022

J&J Snack Foods Corp. lifted its Q3 2022 sales over the prior year, surpassing analyst expectations, but suffered an earnings decline, according to an…

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Convenience services business brokerage teams with valuation specialist

August 2, 2022

Shelia Darby VBB Advisors, a business broker in the convenience services industry, has partnered with Shelia Darby, MBA, Certified Valuation Analyst…

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Hostess offers limited edition cryptocurrency themed snack

August 1, 2022

Cryptocurrency fans with a sweet tooth can buy a golden sponge cake with creamy filling called "Hostess $TWINKcoin" through Aug. 8 on the Popwild website.

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Danone lifts HY 2022 sales, earnings dip

July 29, 2022

Danone raised its 2022 outlook after reporting a sales boost for the year's first half, according to an earnings report. Highlights include:

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Mondelēz International boosts Q2 2022 revenue, earnings slide

July 29, 2022

Mondelēz International Inc. boosted its Q2 2022 revenue over the prior year period, surpassing analyst expectations and raising its full year outlook and…

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UK foodservice provider to expand with new facility

July 29, 2022

R D Johns Foodservice, based in the Southwest U.K., has begun construction on a 40,000-square-foot building as its new headquarters in Devon, according to an…

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Nestle boosts HY 2022 on price hikes; earnings slide

July 28, 2022

Nestle SA boosted its first half year 2022 sales close to 10% driven largely by price increases, while earnings suffered nearly a 12% decline, according to an…

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