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UNFI Shuffles Leadership to Strengthen Operations and Commercial Execution
United Natural Foods Inc. (UNFI) is making leadership changes aimed at strengthening execution, improving efficiency and supporting long-term profitable growth.
Effective Aug 3, Matteo Tarditi will become President and Chief Operating Officer (COO), overseeing product sales, enterprise customer relationships, supply chain operations, technology and lean implementation. Tarditi previously served as president and chief financial officer.
Louis Martin will serve as Chief Commercial Officer (CCO), with responsibility for commercial strategy and capabilities across conventional and natural merchandising, supplier partnerships and services, private brands, professional and digital services...
McLane Engage 2026 to Feature Global AI Expert Keynote, New Supplier Summit and Product Innovation
McLane Company, Inc. will host McLane Engage, August 25-27 at the Gaylord Texan Resort & Convention Center in Grapevine, Texas.
With the support of title sponsors The Hershey Company and Reynolds American, McLane Engage brings customers and suppliers together for a full-scale trade show experience featuring three days of networking, educational content, new product launches, deals and more.
Keynote speaker Sol Rashidi, recognized as the world’s first Chief AI Officer, a former Amazon executive and one of the Top 100 AI...
UNFI Posts Higher Profitability and Cash Flow in Fiscal Q3 Despite Sales Decline
United Natural Foods, Inc. (UNFI) reported third-quarter fiscal 2026 results showing improved profitability, stronger cash flow and continued progress on operational initiatives, even as net sales declined year over year (YOY) due largely to ongoing optimization efforts.
For the 13-week period ended May 2, 2026, net sales totaled $7.7 billion, down 4.2% YOY. The company said the result included an approximately 450-basis-point impact from optimization actions.
Net income reached $33 million, or $0.52 per...
Aurora and McLane to Launch Driverless Trucking Operations in Texas
Aurora Innovation and McLane Company are expanding their autonomous trucking partnership with plans to begin driverless freight operations in Texas.
The companies announced an agreement to launch driverless hauls using the Aurora Driver, an SAE Level 4 self-driving system built for long-haul trucking. McLane, one of the largest distributors in the US serving chain restaurants, convenience stores, and mass merchants, will use the technology to move supplies and perishable food more efficiently across the state.
The move builds on a supervised autonomy...
McLane Company’s “100 Days of Summer” Showcases Innovative LTOs Built for Peak-Season C-Store Sales
McLane Company, Inc., one of the largest distributors in America and an industry-leading partner to the biggest retail and restaurant brands, today announced the launch of its “100 Days of Summer” promotional campaign, a curated selection of seasonal food and beverage offerings designed to help convenience retailers maximize summer sales opportunities.
As road trips remain the dominant form of summer travel—accounting for travel plans for more than 60% of Americans—consumer demand for fresh, convenient food...
Sysco Delivers Strong Third-Quarter Growth Amid Major Acquisition Plans
Global foodservice distributor Sysco has reported its financial results for the third quarter of fiscal 2026, which ended March 28.
Kevin Hourican, Sysco’s Chair of the Board and Chief Executive Officer, commented on the company’s performance, stating, “Sysco delivered strong results in the third quarter of fiscal 2026, driven by continued acceleration in local case volume and expanded gross margins.” He added, “Importantly, our US local volumes grew 3.3%, the highest quarterly rate in over three years. This exceeded our prior commitment...
United Natural Foods Reports Strong Profit Growth Amid Strategic Transitions in Q2
United Natural Foods (UNFI) has announced its financial results for the second quarter of fiscal 2026, revealing both challenges and opportunities ahead.
The company reported a 2.6% decline in net sales, bringing the total to $7.9 billion. This decrease was largely attributed to optimization actions, which impacted sales by nearly 500 basis points. A noteable factor in this shift was the transition out of the Allentown, Pennsylvania distribution center during the first quarter of fiscal 2026, leading to an anticipated drop...
Sysco Delivers Solid Q2 Performance, Driven by Volume Growth and Margin Expansion, Raises Outlook
Sysco Corp. reported solid financial results for the second quarter of fiscal year 2026, driven by improved volume performance, margin expansion, and continued execution of company-specific growth initiatives.
The company posted second-quarter sales of $20.8 billion, up 3.0% year-over-year (YOY). Gross profit increased 3.9% to $3.8 billion, with gross margin expanding 15 basis points to 18.3%, reflecting effective management of product cost inflation and strategic sourcing efficiencies. Operating income declined 2.8% to $692 million, while ...
Q3 Results Drive Foodservice Headlines in First Half of November
Major industry players across the business captured attention in the first half of the month as foodservice providers released new insights from their quarterly reports.
Many restaurants are facing challenges in the third quarter as US consumers cut back on frequent dining. This compilation provides a thorough overview of key players' performance results and the latest in the most notable company news.
QSR's
McDonald's Q3, FY 2025
McDonald's reported a 3.6% increase in global same-store sales for the third quarter, surpassing analysts' expectations...
Premium Brands Reports Record Q3 Revenue of $2.0 Billion, Raises Full-Year Sales Guidance
Premium Brands, a leading specialty food manufacturer and distributor in the US and Canada, announced its third-quarter fiscal results, highlighting significant achievements.
The company reported a record third-quarter revenue of $2.0 billion, a 19.1% increase from the same period last year, driven by a 10.3% organic volume growth rate.
Strong performance was seen in its core US growth initiatives, with protein, sandwiches, and artisan baked goods posting a combined 24.3% organic volume growth rate. Including...
Performance Food Group Reports Strong Sales and Profit Growth Despite Decline in Net Income
One of the largest distributors in foodservice, Performance Food Group, has announced results from its fourth quarter and fiscal year.
Quarterly Highlights
The company saw case volume increase by 11.9%. Independent Foodservice case volume rose 20.4%, while Organic Independent Foodservice case volume increased 5.9%.
Net sales were $16.9 billion, rising 11.5% for the period. Gross profit for the quarter grew 14.6% to $2 billion. This growth in sales and profit can be attributed to recent acquisitions, including that...
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