Beverage

Performance Food Group Company to Participate in the 2024 BMO Farm to Market Conference

Retrieved on: 
Wednesday, May 1, 2024
Restaurant, Bar, Trucking, Supply Chain Management, Food, Beverage, Logistics, Transport, Discount, Variety, Retail, PFG, Webcast, Conference

Performance Food Group Company (PFG) (NYSE:PFGC) today announced that George Holm, PFG Chairman & Chief Executive Officer, and Patrick Hatcher, Executive Vice President & Chief Financial Officer will participate in the 2024 BMO Farm to Market Conference.

Key Points: 
  • Performance Food Group Company (PFG) (NYSE:PFGC) today announced that George Holm, PFG Chairman & Chief Executive Officer, and Patrick Hatcher, Executive Vice President & Chief Financial Officer will participate in the 2024 BMO Farm to Market Conference.
  • PFG will webcast its fireside chat live on Wednesday, May 15, 2024, at 2:00 p.m.
  • The live webcast will be available in listen-only mode on investors.pfgc.com .
  • An archived replay of the webcast will be available later that same day.

Global Organic Food Market Report, 2023-2024 and 2032 Featuring Danone, General Mills, Sprouts Farmers Market, The Hain Celestial Group, The Kroger Co, United Natural Foods, Dole Food, Newman's Own - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 1, 2024
Food, Beverage, Retail, Pew Research Center, Genetically modified organism, Cancer, Ben, Ben & Jerry's, Starbucks, Poultry, World Health Organization, Biodiversity, National Organic Program, Lactose intolerance, Health, Diabetes, Fertilizer, USDA, Carbon footprint, Carbon, Cookie, Ice cream, Livestock, Unilever, Burger King, Nutrient, Antioxidant, Meat, Pew, Drink, Prevalence, Agriculture

The global organic food market is estimated to reach a worth of US$ 532.72 Billion by 2032.

Key Points: 
  • The global organic food market is estimated to reach a worth of US$ 532.72 Billion by 2032.
  • The growing recognition of the health advantages of ingesting organic products fuels the increase in the organic food market.
  • Organic meat, poultry, and dairy are pivotal in the global organic food market due to the increasing need for natural, sustainable, and ethically sourced animal products.
  • Growing health focus and patron desire for organic food bolster America's dominance, strengthened by using robust infrastructure and distribution networks.

Casey’s Announces “It’s Not Crazy, It’s Casey’s” Campaign to Highlight its Contemporary Convenience and Craveable Food

Retrieved on: 
Wednesday, May 1, 2024
Retail, Convenience Store, Food, Beverage, Multimedia, Marketing, Love, Digital, Life, Growth, Fast food

Casey’s today announced a new brand campaign that highlights the contemporary convenience, craveable food and personalized guest experience the brand is known for across its 17-state footprint.

Key Points: 
  • Casey’s today announced a new brand campaign that highlights the contemporary convenience, craveable food and personalized guest experience the brand is known for across its 17-state footprint.
  • View the full release here: https://www.businesswire.com/news/home/20240501156213/en/
    “It’s Not Crazy, It’s Casey’s” allows the brand to stand out in the increasingly personalized, guest-centric and digital-forward convenience store category.
  • With its high-quality food offerings, unique limited-time menu options and value-driven products, Casey’s offers guests an unexpected convenience experience with restaurant-quality food, continuously giving them new reasons to choose the brand.
  • The campaign will run in 58 local markets this summer, with placements across broadcast, digital, streaming, social and owned platforms.

Shake Shack Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024
Online Retail, Retail, Restaurant, Bar, Apps, Applications, Technology, Mobile, Wireless, Food, Beverage, Letter, Webcast, GAAP, Event, Shake Shack

Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the first quarter of 2024 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q1 2024 Shake Shack Shareholder Letter.

Key Points: 
  • Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the first quarter of 2024 in a Shareholder Letter in the Quarterly Results section of the Company's Investor Relations website, which can be found here: Q1 2024 Shake Shack Shareholder Letter.
  • Shake Shack will host a conference call at 8:00 a.m.
  • Hosting the call will be Randy Garutti, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer.
  • A reconciliation to the most directly comparable financial measures presented in accordance with GAAP is set forth in the schedules accompanying this release.

Lancaster Colony Reports Third Quarter Sales and Earnings

Retrieved on: 
Thursday, May 2, 2024
Retail, Restaurant, Bar, Supermarket, Agriculture, Natural Resources, Food, Beverage, Olive, Texas Roadhouse, LANC, Angelic, ERP, Webcast, Flat Out, Wind, T. Marzetti Company, PNOC, Growth

Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company’s fiscal third quarter ended March 31, 2024.

Key Points: 
  • Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company’s fiscal third quarter ended March 31, 2024.
  • Retail net sales improved 0.3% to $248.1 million while Foodservice net sales grew 2.6% to $223.4 million.
  • CEO David A. Ciesinski commented, “We completed our fiscal third quarter with record net sales of $471.4 million.
  • Retail segment sales compare to a strong quarter last year when net sales increased 16.0% and volume was up 6.1%.

Kraft Heinz Reports First Quarter 2024 Results

Retrieved on: 
Wednesday, May 1, 2024
Restaurant, Bar, Food, Beverage, Other Retail, Retail, Supermarket, Sale, Emerging market, Investment, Nature, Uncertainty, Elasticity, Research, Organic, Growth, Public expenditure, Tax, Kraft Heinz, EPS, Share repurchase, Marketing, Adjustment, Supplemental Nutrition Assistance Program, GAAP, Security (finance)

Adjusted Operating Income(1) increased 1.7 percent versus the year-ago period to $1.3 billion, primarily driven by higher pricing.

Key Points: 
  • Adjusted Operating Income(1) increased 1.7 percent versus the year-ago period to $1.3 billion, primarily driven by higher pricing.
  • Diluted EPS was $0.66, down 2.9 percent versus the prior year period, primarily driven by a net loss on the sale of businesses in the first quarter of 2024 and higher tax expense.
  • For fiscal year 2024, the Company is reaffirming its outlook for Organic Net Sales(2), Adjusted Operating Income(2), and Adjusted EPS(2).
  • A pre-recorded management discussion of The Kraft Heinz Company's first quarter 2024 earnings is available at ir.kraftheinzcompany.com.

John B. Sanfilippo & Son, Inc. Reports Fiscal 2024 Third Quarter Results

Retrieved on: 
Wednesday, May 1, 2024
Other Health, Men, General Health, Family, Supermarket, Consumer, Food, Beverage, Fitness & Nutrition, Retail, Other Consumer, Women, Health, PIN, Hand, Webcast, Environment, Pressure, Acquisition, EPS, Advertising, Telephone, TreeHouse Foods

John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the “Company”) today announced financial results for its fiscal 2024 third quarter ended March 28, 2024.

Key Points: 
  • John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the “Company”) today announced financial results for its fiscal 2024 third quarter ended March 28, 2024.
  • “Sales volume for the third quarter, excluding the impact of the Lakeville Acquisition, decreased 1.4% mainly due to decreased sales volume in our contract packaging sales channel.
  • * Results include the impact of the acquisition of the TreeHouse Foods snack bar business (the “Lakeville Acquisition”) which was completed on September 29, 2023, the first day of our second fiscal quarter.
  • Net sales for the third quarter of fiscal 2024 increased $33.3 million, or 14.0%, to $271.9 million and included approximately $46.9 million of net sales from the Lakeville Acquisition.

Flow Beverage Corp. Announces Annual General Meeting Results

Retrieved on: 
Tuesday, April 30, 2024
Food, Beverage, Retail, FLOW, Meeting, TSX, Proxy, Security (finance)

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow” or the “Company”) is pleased to announce the voting results from its annual general meeting of the shareholders (the “Meeting”), held on April 29, 2024.

Key Points: 
  • Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow” or the “Company”) is pleased to announce the voting results from its annual general meeting of the shareholders (the “Meeting”), held on April 29, 2024.
  • A total of 72,391,043 votes were represented in person or by proxy at the Meeting, constituting approximately 56.68% of the Company’s total issued and outstanding subordinate voting shares and multiple voting shares as of the record date.
  • Each of the five director nominees was elected as a director of Flow.
  • Detailed results of the vote are set out below.

Walmart Launches bettergoods, A New Private Brand Making Elevated Culinary Experiences Accessible for All

Retrieved on: 
Tuesday, April 30, 2024
Retail, Other Consumer, Discount, Variety, Consumer, Supermarket, Food, Beverage, Honey, Cream, Snack, Chocolate, Sugar, Multimedia, Coffee, Drink, Grocery store

View the full release here: https://www.businesswire.com/news/home/20240430942382/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240430942382/en/
    Bettergoods is the latest private brand innovation from Walmart.
  • (Photo: Business Wire)
    Bettergoods marks Walmart’s largest private brand food launch in 20 years and the fastest food private brand Walmart has brought to market, highlighting the speed with which Walmart can bring trend and innovation to market at scale.
  • “Today’s customers expect more from the private brands they purchase – they want affordable, quality products to elevate their overall food experience.
  • The launch of bettergoods delivers on that customer need in a meaningful way,” said Scott Morris, senior vice president, private brands, food and consumables, Walmart.

KRISPY KREME® Introduces 'Most Generous Rewards in Doughnut History,' including FREE Original Glazed® Dozen and a Dozen Days of Deals

Retrieved on: 
Tuesday, April 30, 2024
Women, Seniors, Men, Specialty, Family, Restaurant, Bar, Food, Beverage, Consumer, Retail, Krispy Kreme, Six pack, Reward, Multimedia, Coffee, Drink, ALL, Cryptocurrency

View the full release here: https://www.businesswire.com/news/home/20240430924746/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240430924746/en/
    All-new Krispy Kreme Rewards program makes a ‘point’ – literally – to be even more generous to its millions of existing and new members.
  • For starters, today, April 30, Krispy Kreme is giving ALL Rewards members a FREE Original Glazed® dozen - including new members who join between April 30 and May 11.
  • And if that isn’t sweet enough, all Rewards members will also receive a dozen consecutive days of deals, including free doughnuts and coffee, beginning today through May 11.
  • Guests can sign up for Krispy Kreme Rewards by simply downloading the Krispy Kreme app and or by visiting www.krispykreme.com/account/create-account and creating a Krispy Kreme Rewards account.