Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries.
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Flowers Foods reports fourth quarter and full year 2015 results Wed, 10 Feb 2016 00:00:00 Z Source: Food Business Review Flowers Foods, Inc,producer of Nature's Own, Wonder, Tastykake, and other bakery foods, reported financial results for the company's fourth quarter and year ended January 2, 2016 and provided guidance for fiscal 2016.
Food industry quotes of the week - PepsiCo CEO macro warning; Kellogg's mixed US fortunes; Quorn Foods opposes Brexit Wed, 10 Feb 2016 15:49:00 GMT Source: just-food.com There were a flurry of companies reporting their?results for 2015 and looking into 2016. Among them, PepsiCo said it beat its own expectations for last year but sounded a note of caution on macro-economic conditions for the year ahead.?Kellogg, meanwhile, pointed to progress with its core US cereal business but admitted domestic problems with snacks.?Elsewhere, Chobani confirmed it had rejected takeover offers and just-food interviewed?Richelieu Foods CEO Tim O'Connor.?Here is the week in quotes.
Flowers Foods: is it time to reappraise strategy at the US bakery group? Fri, 12 Feb 2016 14:22:00 GMT Source: just-food.com Flowers Foods' share price fell almost 20% yesterday (11 February) after the US bakery group booked fourth-quarter earnings that failed to hit analyst expectations. Sales softness and pending litigation prompted some to question whether the firm is overreaching. The real concern, however, is Flowers is pursuing a fundamentally flawed strategy. Katy Askew reports.