Micro Markets News
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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Aramark reports Q1 2024 earnings dip on revenue gain, surpasses expectations
February 7, 2024
Aramark Corp. lifted its Q1 2024 revenue over the prior year period, while earnings declined, according to a press release. Highlights include:
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Performance Food Group lifts Q2 2024 results, surpasses expectations
February 7, 2024
Performance Food Group Inc., which owns Vistar Corp., the nationwide vending product warehouse distributor, lifted its sales and earnings for Q2 2024 over the…
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Farmer Brothers names John Moore president/CEO
February 7, 2024
John Moore (Image: LinkedIn) Farmer Brothers, a roaster, wholesaler and distributor of coffee, tea and allied products, has named John Moore as…
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Sugar Foods taps Coca-Cola Icecek’s Andriy Avramko as CFO
February 6, 2024
Sugar Foods Corp., serving foodservice, grocery, retail and restaurant brands, has named Andriy Avramenko as chief financial officer effective immediately…
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J&J Snack Foods lifts Q1 2024 earnings despite sales dip
February 6, 2024
J&J Snack Foods Corp. lifted its Q1 2024 earnings against declining sales over the prior year period, according to an earnings report. Highlights include:
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Sodexo acquires Five Star Food Services in Texas
February 5, 2024
Sodexo's InReach has acquired Five Star Food Services headquartered in Stafford, Texas, near Houston, according to a press release. Terms of the acquisition…
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New York lawmakers seek tax, safety labels for sugary drinks
February 5, 2024
New York state lawmakers have reintroduced two bills that will increase the cost of sugary beverages, according to the National Automatic Merchandising…
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Keurig teams with Lavazza on Canadian brand K-Cup
February 2, 2024
Keurig Dr Pepper Inc. has expanded its partnership with Lavazza Group to provide wider sales and distribution of Lavazza K-Cup pods and the introduction of the…
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PepsiCo Beverages opens Wisconsin warehouse
February 2, 2024
PepsiCo Beverages North America has opened a 150,000-square-foot warehouse in Lisbon, Wisconsin, a regional hub with more than 260 employees, according to a…
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Tech 24 teams with Georgia installation and repair firm
February 1, 2024
Tech24, a provider of commercial foodservice equipment repair and maintenance, has partnered with Central GA Refrigeration, a Georgia-based cooking equipment…
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Our Home to acquire Utz Quality Foods brands
February 1, 2024
Our Home, an operating company of Better-for-You brands that includes Real Food From the Ground Up, Popchips and Food Should Taste Good, has agreed to acquire…
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John B Sanfilippo lifts Q2 2024 sales, earnings
February 1, 2024
John B. Sanfilippo & Son Inc. lifted sales and earnings for Q2 2024 over the prior year period, according to a press release. Highlights include:
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Starbucks boosts Q1 2024 results, but misses expectations
January 31, 2024
Starbucks boosted its sales and earnings for Q1 2024 but cut its full year guidance after missing its sales and earnings projections. Highlights from an…
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De’Longhi names Eliza Woolston Sheffield president of America division
January 31, 2024
Eliza Woolston Sheffield (Photo: LinkedIn) De'Longhi, a global provider of espresso and specialty coffee equipment, has named Eliza Woolston…
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