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Micro Markets News

Sodexo lifts Q1 2023 revenue 20%, boosted by post pandemic recovery

February 10, 2023

Sodexo SA, the Paris-based global food and facilities management provider, boosted its revenue 20.2%, from 5.26 euros ($5.61 billion) in Q1 2022 to 6.3 billion…

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Compass Group reports Q1 2023 24% revenue boost

February 10, 2023

Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported that organic revenue rose 24% in the first quarter of 2023 in a conference…

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Flowers Foods reports record Q4, FY 2022 sales

February 10, 2023

Flowers Foods Inc., which owns Mrs Freshley's, Tatykake, Nature's Own and other brands, reported record Q4 and FY 2022 sales, according to a press release.

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Aramark lifts Q4 2022 results driven by pricing, business growth

February 9, 2023

Aramark Corp. lifted its Q4 2022 revenue and earnings, boosted by pricing and business growth, according to an earnings report.

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Kellogg lifts Q4, FY 2022 sales, earnings fall

February 9, 2023

Kellogg Co. reported mixed results for Q4 and FY 2022, with sales rising and earnings falling, according to a financial release. Fourth quarter results…

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PepsiCo boosts Q4, FY 2022 revenue, beats expectations

February 9, 2023

PepsiCo Inc. lifted its Q4 and FY 2022 revenue while income results were mixed, according to an earnings release. Q4 results surpassed analyst expectations.

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Buffalo Rock driver/food truck lover launches a truck of his own

February 9, 2023

Charles Pilot loves food trucks and often patronized them while working as a driver for the Buffalo Rock Co., a Birmingham, Alabama-based Pepsi and Dr Pepper…

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Tyson Foods lifts Q1 2023 sales, suffers earnings slide

February 8, 2023

Tyson Foods Inc. suffered an earnings decline against a sales boost for Q1, 2023 due to market dynamics and operational inefficiencies, according to an…

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Performance Food Group lifts Q2 2023 results, Vistar sales jump 23%

February 8, 2023

Performance Food Group, which owns Vistar, a national convenience services wholesale distributor, reported improved results for Q2 2023 supported by inflation…

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Flowers Foods names Cindy Cox HR chief

February 7, 2023

Cindy Cox Flowers Foods Inc., which owns Mrs. Freshley's, Tastykake, Nature's Own and other brands, has named Cindy Cox chief human resources…

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NRF: Recession unlikely, growth ahead

February 7, 2023

A U.S. recession is unlikely and there will be slight growth this year, according to National Retail Federation Chief Economist Jack Kleinhenz.

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UK soda tax credited with reducing girls' obesity

February 6, 2023

Researchers at the University of Cambridge in the U.K. claim a soda tax has assisted in preventing thousands of cases of obesity among girls 10 and 11 years…

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Hershey boosts Q4, FY 2022 results, surpasses analyst expectations

February 2, 2023

Hershey Co. lifted its Q4 and FY sales and earnings for 2022, according to an earnings release, and surpassed analyst estimates.

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Standard AI to acquire self checkout provider Skip

February 2, 2023

Standard AI, a San Francisco based provider of AI solutions for retail, has agreed to acquire Skip, a self-checkout solutions provider based in South Jordan…

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Frito-Lay Snack Index: Americans anxious to try new snacks

February 2, 2023

Most Americans (71%) are excited to try new flavors or variations of their favorite snack in 2023, a gain over prior years, according to the newly released…

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Mikesells snack company closes after more than a century

February 2, 2023

Mikesells, a Dayton, Ohio-based snack manufacturer since 1910, has decided to close up shop, according to a local112.com report.

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Industry loses ‘Bob' Born of Just Born Quality Confections

February 2, 2023

Ira "Bob" Born, the former president of Just Born Quality Confections in Bethlehem, Pennsylvania and the son of company founder Sam Born, has passed away…

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John B. Sanfilippo & Son boosts Q2 2023 sales, earnings on price hikes

February 2, 2023

John B. Sanfilippo & Son Inc. lifted its Q2 2023 sales and earnings over the prior year period boosted by price increases, according to an earnings report.

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Conagra Brands recalls 2.58M canned meat, poultry products

February 1, 2023

Conagra Brands Inc. has recalled approximately 2.58 million pounds of canned meat and poultry products due to a packaging defect that may cause the products to…

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US Foods to offer foodservice clients hospitality robots, more

February 1, 2023

US Foods Holding Corp., a wholesale foodservice distributor, has added Bear Robotics and 7shifts technology to its CHECK Business Tools program, according to a…

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