News for the baking industry
New York / NY. (pbus) Paris Baguette (U.S. only …), he neighborhood bakery café where communities come together over expertly crafted baked and brewed goods, announced the brand is on track to open a projected 40 new locations by the end of 2022, reaching nearly 150 locations across the…
Chicago / IL. (37b) 37th Street Bakery completed the acquisition of the assets and rebranding of Gold Standard Baking LLC, North America’s largest manufacturer of croissants and a leading producer of dough-based, sweet baked goods. The new company name represents a homage to its…
Montevideo / UY. (arc) Arcos Dorados Holdings Inc., Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, reported unaudited financial results for the three and six months ended June 30, 2022. Second Quarter 2022 Highlights – Excluding…
Thomasville / GA. (ff) Flowers Foods Inc., producer of Nature’s Own, Dave’s Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and other bakery foods, reported financial results for the company’s 12-week second quarter ended July 16, 2022. Summary compared to Q2/2021 where applicable.
Hanover / PA. (utz) Utz Brands Inc., a leading U.S. manufacturer of branded salty snacks, reported financial results for the Company’s fiscal second quarter ended July 03, 2022. Highlights: Net Sales increased 17.5 percent year-over-year to USD 350.1 million Organic Net Sales increased 13.6 percent…
Shanghai / CN. (yb) Yum China Holdings Inc. announced that the Company applied for a voluntary conversion of its secondary listing status to a primary listing status on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX). On August 15, 2022, the Company received the…
Kesko / FI. (kkc) The best Q2 result in history Finland’s Kesko Group announced with its Half Year Financial Report 01-06/2022, released some weeks ago. Group net sales in January to June totalled EUR 5,815.8 million (versus EUR 5,527.5 million in H1/2021), an increase of 5.1 percent…
Pyhäntä / FI. (foy) Finland’s Fodelia Oyj Group announced its financial report for the period 01 January to 30 June (H1-2022). Group net sales increased by 22 percent and profitability improved. Outlook: The company management estimates the Group’s net sales in 2022 at approximately…
Solna / SE. (coop) Coop Sweden has carried out a unique transport by rail. Together with the train operator TX Logistik and the Swedish Transport Administration, Coop in May carried out a transport with a fully loaded freight train with a length of 838 metres – more than 200 metres…
Englewood / CO. (rrgb) Red Robin Gourmet Burgers Inc., a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, reported financial results for the fiscal second quarter ended July 10, 2022. Results for the second…
