Micro Markets News & Media

JDE Peet’s 2023 earnings slide despite higher revenue; Russia sanctions raise questions

February 21, 2024

JDE Peet's, which is owned by JAB Holdings and owns Peet's Coffee, Douwe Egberts, Jacobs and other brands, reported declining profits against a slight revenue…

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Campbell Soup taps PepsiCo’s Anthony Kyles for meals/ beverages

February 21, 2024

Anthony Kyles (Photo: Campbell Soup Co.) Campbell Soup Co. has named Anthony Kyles as chief customer officer, meals and beverages, effective March…

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Middleby suffers Q4, FY 2023 sales declines, earnings mixed

February 20, 2024

Middleby Corp. reported Q4 and FY 2023 sales declines while earnings were mixed compared to the prior year periods, according to a press release. Highlights…

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Indiana soda bottling facility to close, idling 45

February 20, 2024

Refresco, a soda bottling company based in Evansville, Indiana, has notified the state that it will close its plant, eliminating 45 jobs, according to a…

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Sodexo promotes David Woodbury to head new commercial team

February 16, 2024

David Woodbury (Photo:Sodexo) Sodexo, a Paris-based foodservice contractor, has promoted David Woodbury from chief sales officer to chief commercial…

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Jones Soda teams with Dot Foods, Green Nature Marketing, Ignite Brand Advisors on foodservice division

February 16, 2024

Jones Soda Co. has launched a foodservice division that expands the brand beyond retail grocery to bars, restaurants and other full-service, quick-service…

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Coca-Cola stalks Poppi

February 16, 2024

The Coca-Cola Co. is seeking to acquire soda brand Poppi, according to people claiming to have knowledge about the matter, Bloomberg reported.

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US Foods to acquire IWC Food Service in Tennessee

February 16, 2024

US Foods Holding Corp. has agreed to acquire IWC Food Service, a broadline distributor located in Cookeville, Tennessee, for an undisclosed sum, according to a…

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US Foods lifts Q4, FY 2023 sales, earnings

February 15, 2024

US Foods Holding Corp., a warehouse foodservice distributor, lifted its Q4 and FY 2023 results over the prior periods, driven by case volume growth. Highlights…

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Coca-Cola Co. reports mostly positive Q4, FY 2023 results

February 14, 2024

The Coca-Cola Co. lifted its revenues for Q4 and FY 2023, while earnings were mixed, according to a press release.

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Kraft Heinz reports mixed Q4, FY 2023 results

February 14, 2024

Kraft Heinz Inc. reported Q4 2023 sales and earnings declines over the prior year period, but slight full-year gains, according to an earnings report.

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Farmer Brothers lifts Q2 2024 results on pricing

February 14, 2024

Farmer Brothers lifted its Q2 2024 results over the prior year period, driven by higher pricing, according to an earnings release.

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Imperial Vending breaks ground on $7.4M facility in Fort Smith, Arkansas

February 13, 2024

Imperial Vending, a Fort Smith, Arkansas-based convenience services provider serving the Fort Smith region, has begun building a $7.4 million…

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PepsiCo reports mixed Q4, FY 2023 results

February 9, 2024

PepsiCo Inc. reported mixed results for Q4 and FY 2023, with quarterly revenue revenue falling and full year revenue posting a gain, according to an earnings…

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Compass Group reports Q1 2024 growth, plans to exit China

February 9, 2024

Compass Group PLC, the U.K.-based caterer which owns Canteen Vending Services Inc. and Chartlwells Higher Education in the U.S., reported Q1 2024 organic…

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Flowers Foods boosts Q4 and FY 2023 sales, suffers earnings declines

February 9, 2024

Flowers Foods Inc., parent company of Mrs. Freshleys, Tastykake and other brands, lifted its Q4 and FY 2023 sales but suffered earnings declines compared to…

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New research questions soda tax effectiveness on obesity

February 9, 2024

While a number of health experts have claimed soda taxes help reduce obesity, researchers at Knowable Magazine have completed a study that questions this…

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DK Technologies intros updated ‘FountainBob’ post-mix beverage dispenser controller

February 9, 2024

DK Technologies Inc., an engineering firm, has introduced its FB2000 dispensing machine controller to allow post-mix beverage dispensing for beverage machines…

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Tyson Foods lifts Q1 2024 sales, earnings fall

February 8, 2024

Tyson Foods Inc. lifted its Q1 2024 sales but suffered an earnings dip against the prior year period, according to an earnings report.

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Hershey reports mixed Q4 2023 results, misses analyst expectations

February 8, 2024

The Hershey Co. reported an income decline despite a slight sale gain for Q4 2023 compared to the prior year quarter, according to an earnings report.

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