- Details
United N a t u r a l
Foods' slowdown
United N a t u r a lEx-Staples chief feeds
healthier WFH lifestyle
US #1 broadline food wholesaler United Natural Foods (UNFI) reported slower results in Q4'23 aided by price inflation. “As consumers continue to seek at-home food solutions, UNFI remains dedicated to providing our resellers with a competitive service" said ceo Sandy Douglas (ex-Staples)
Please read full article by subscribing here
- Details
Smucker beats off
big food bidders
Buys cupcake maker in rush
to cash in on Covid profits
J.M. Smucker, the US beverage & food service brands supplier, confirmed it will buy Hostess Brands in a $5.6 billion deal, as major U.S. packaged food companies look to expand their brand portfolios with Covid-era fortunes dwindling. Big Brand makers General Mills, Mondelez. PepsiCo and Hershey were reportedly also interested in the Twinkies maker. We analyse th deal...
Please read full article by subscribing here
- Details
Restaurant Group
ratifies recovery
Hospitality & Foodservice
mkt fueled by consumer
The Restaurant Group ceo Andy Hornby reported strong growth for its consumer brand outlets eg. Wagagmama and pubs. Further confirmation that consumer and business demand for hospitality, restaurants, pubs and foodservice is strong despite continuous media reports hyping a "cost of living crisis"? We analyse results...
Please read full article by subscribing here
- Details
PFG-Vistar: food
PFG-Vistar: foodservice normalizes
Price hikes feed market
share gains in restaurants
Performance Food Group inc Vistar, the leading US food & beverage services wholesaler reported a steady sales increase in Q4'23 as businesses & restaurants returned to 'normal'. CEO George Holm commented on market share gains and the resilience of the independent restaurant market. Full report here...
Please read full article by subscribing here
- Details
Bunzl bundles
another 5 acqs
Bunzl bundlesAdds $125m sales: Canada
Brazil, Spain & Netherlands
Bunzl, the $14Bn international business supplier today announced it has acquired 5 resellers in the hygiene, foodservice and packaging markets across Spain, Brazil, Netherlands and Canada. CEO Frank van Zanten commented on the acquisitions...10 year to date.
Please read full article by subscribing here
- Details
Foodservice fights
rematch & recover
Foodservice fightsSysco Up! US Foods' better.
Volumes grow. Prices flat
Foodservice supply leaders to business & restaurants #1 Sysco and #2 US Foods reported solid volume recoveries and flattening inflation. Both ceo's were happy with the return to 'normalized' markets and programs to regenerate growth. The big food market fight returns...
Please read full article by subscribing here
- Details
Aramark advance
back to normal?
Uniforms set for spin off?
Facilities services rebound
Aramark the $16Bn business services provider in Food, FM & uniforms reported a powerhouse recovery from depressed revenues during the Covid lockdown. CEO John Zillmer's plans to "elevate the hospitality culture" and transform customer orientation are underway.
Please read full article by subscribing here
- Details
Starbucks steams
up with new CEO
International & China star
US recovery continues
Starbucks, the international personalized coffee service giant inc. business delivery, reported strong Q3'23 results including a steady US recovery, but sparkling International & China demand. New CEO Lax Narasimhan has picked up the ball from chairman Howard Schultz and run with it to great effect...
Please read full article by subscribing here
- Details
Keurig coffee cools
Inflation froths sales
Keurig coffee coolsDr. Pepper brands' sparkle
with CORE & Polar Seltzers
Keurig Dr. Pepper, the $13Bn coffee giant reported progress with its house of beverage brands in Q1'23. Meanwhile, coffee demand improved in WFH & business markets. Dr.Pepper brands growth sparkled, notably CORE Hydration & Polar seltzers. CEO Bob Gamgort commented
Please read full article by subscribing here
- Details
Nestlé flat volumes
inflation boosted
Global volumes weaken
Health Sciences stronger
Nestlé, the #1 global #1 food & beverage maker reported flat volumes in Half1'23. boosted by price increases. Demand predictably continued strong in WFH-consumer markets e.g. coffee, water. "There were signs of recovery in business supply eg breakroom and restaurants" reported ceo Mark Schneider.
Please read full article by subscribing here