Micro Markets News & Media
Mondelez lifts Q2 2023 sales, earnings
July 28, 2023
Mondelez International Inc. boosted its Q2 2023 results in part on its 2022 acquisitions, according to a press release.
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Performance Food Group acquires OLM Food Solutions
July 28, 2023
Performance Food Group Inc., which owns Vistar Corp., the nationwide vending product warehouse distributor, acquired OLM Food Solutions based in Sioux Falls…
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Hershey lifts Q2 2023 results on price hikes
July 28, 2023
The Hershey Co. lifted its Q2 2023 sales and earnings, supported by list price increases, according to an earnings report.
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Nestle reports strong HY 2023
July 28, 2023
Nestle SA lifted its sales and profits for first half 2023 over the prior year period, according to a press release, with organic sales surpassing analyst…
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Keurig Dr Pepper lifts Q2 2023 results, raises FY guidance
July 27, 2023
Keurig Dr Pepper Inc. lifted its sales and earnings for Q2 2023 and raised its full year sales growth outlook and reaffirmed its EPS growth guidance, according…
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Kraft Heinz names 3 leaders
July 27, 2023
The Kraft Heinz Co. named three industry veterans to its North America leadership team, according to a press release.
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Coca-Cola boosts Q2 2023 results, surpasses expectations
July 26, 2023
The Coca-Cola Co. boosted its sales and earnings for Q2 2023 over the prior year quarter, surpassing analyst expectations, according to an earnings report.
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NAMA names Cantaloupe’s Ravi Venkatesan to board of directors
July 26, 2023
The National Automatic Merchandising Association has named Cantaloupe Inc. CEO Ravi Venkatesan to its board of directors, according to a press release.
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Coca-Cola India names VP/franchise operations
July 26, 2023
Ajay Vijay Bathija Coca-Cola India has named Ajay Vijay Bathija as vice president of franchise operations for Southwest Asia, according to a press…
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Coffee consumption holds steady despite inflation
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Americans are aware of the rising cost of coffee and are concerned about inflation, but consumption has not faltered, according to National Coffee Association…
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Compass Group reports strong Q3 2023 results
July 25, 2023
Compass Group PLC reported a strong Q3 2023 revenue performance over the prior year period, with organic revenue growth of 15%, despite lapping higher…
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Kellogg moves forward on separation into 2 companies
July 25, 2023
The Kellogg Co. has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission relating to its previously-announced plan to…
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Illycaffè boosts half-year 2023 sales, profits
July 25, 2023
Illycaffè reported significant sales and profit gains for the first half of 2023 over the prior year, according to a press release.
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J&J Snack Foods opens Texas distribution center
July 25, 2023
J&J Snack Foods Corp. opened its first owned distribution center in Terrell, Texas, according to a bakingbusiness.com report. The 117,000-square-foot…
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Campbell Soup to invest $160M in Utah plant, create 80+ jobs
July 25, 2023
Campbell Soup Co. will invest approximately $160 million in its Richmond, Utah, manufacturing facility to expand production of Goldfish crackers to help meet…
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JDE Peet’s to acquire Maratá’s coffee and tea business
July 24, 2023
JDE Peet's, which is owned by JAB Holdings and owns Peet's Coffee, Douwe Egberts, Jacobs and other brands, has signed an agreement to acquire the Brazil based…
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Sodexo to acquire AH Management
July 24, 2023
Sodexo PLC, a Paris-based food and facilities management provider, has agreed to acquire A.H. Management, a Rolling Meadows, Illinois-based convenience…
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Keurig Dr Pepper signs licensing, manufacturing, distribution pact for La Colombe K-Cups
July 21, 2023
Keurig Dr Pepper Inc. has signed a licensing, manufacturing and distribution agreement with La Colombe for La Colombe branded K-Cup coffee pods, according to a…
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Bevi surpasses 5,000 customer milestone for commercial water coolers
July 20, 2023
Bevi, a provider of internet-connected water coolers for commercial spaces, has exceeded 50% annual recurring revenue growth, serving more than 5,000 customers…
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Tata Coffee lifts Q1 2023 sales, earnings
July 19, 2023
Tata Coffee, a subsidiary of Mumbai, India-based Tata Consumer Products Ltd., lifted its sales and profits for Q1 2023 over the prior year period driven by…
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