News for the baking industry
Minneapolis / MN. (so) SunOpta Inc., a leading global company focused on plant-based foods and beverages and fruit-based foods and beverages, today announced financial results for the first quarter ended April 02, 2022. All amounts are expressed in USD and results are reported in…
Charlotte / NC. (kkd) Krispy Kreme Doughnuts Inc., since May 2016 indirect controlled member of Luxembourg’s JAB Holding Company, reported strong financial results for the first quarter ended April 3, 2022 with net revenue growing 15.8 percent year-over-year to USD 372.5 million while…
Minneapolis / MN. (gm) General Mills Inc. announced that it has entered into a definitive agreement to acquire TNT Crust, a manufacturer of high-quality frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. TNT Crust is currently a portfolio…
Philadelphia / PA. (arm) Aramark reported second quarter fiscal 2022 results. «Success driving our operational, strategic, investment, and cultural initiatives enabled Aramark to deliver double-digit organic revenue growth in each segment,» said John Zillmer, Aramark’s Chief Executive Officer.
Houston / TX. (syy) Sysco Corporation, the leading global foodservice distribution company, announced financial results for its 13-week third fiscal quarter ended April 02, 2022. Key highlights for the third quarter of fiscal year 2022 Robust consumer and customer away-from-home…
Elgin / IL. (tmc) The Middleby Corporation, a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net earnings for the 2022 first quarter of USD 85.8 million or USD 1.52 diluted earnings per…
Oak Brook / IL. (thf) TreeHouse Foods Inc. reported net sales of USD 1.14 billion which increased 7.9 percent compared to the first quarter of 2021. GAAP earnings (loss) per diluted share from continuing operations of USD (0.05) compared to USD 0.01 for the first quarter of 2021.
Issy-les-Moulineaux / FR. (so) At the Board of Directors meeting held on March 31, 2022, and chaired by Sophie Bellon, the Board of Sodexo closed the Consolidated accounts for the First half Fiscal 2022 ended February 28, 2022. Revenue growth +19.4 percent, despite Omicron…
London / UK. (ul) British Unilever PLC announced its Trading Update for the first quarter 2022. «We are executing well in a very challenging input cost environment. Underlying sales growth of 7.3 percent was driven by strong pricing, with a limited impact on volume in the quarter.
Surrey / UK. (cg) In February British Compass Group PLC announced an encouraging start to the year driven by continued improvement across all sectors. Group organic revenue grew by 38.6 percent in the first quarter, with revenues reaching 97 percent of their pre-Covid level.
