UNFI Posts Solid Quarterly Results and Revises 2025 Outlook Following Cyber Incident

American grocery wholesaler United Natural Foods Inc. (UNFI) released its quarterly results and updated its full-year outlook for fiscal 2025 on Wednesday, following consistent success across three consecutive quarters.

“With a proven multi-year strategy and consistent execution through the third quarter of fiscal 2025, we are confident in our underlying momentum and our ability to achieve our multi-year financial targets at an accelerated pace compared to the initial targets we communicated in October 2024,” said Sandy Douglas, CEO of UNFI...

Conagra Posts Decline in Sales and Profit for Q4 and FY2025

Conagra Brands has reported financial results for both the fiscal year and fourth quarter.

For the quarter, net sales declined 3.5%, driven by a 2.5% drop in volume and a 1.0% negative price/mix impact. Gross profit fell 12.1% to $707 million, as margins were pressured by inflation and weaker sales. Net income was $256 million ($0.53 per share), while adjusted EPS came in at $0.56. Adjusted EBITDA totaled $544 million.

For fiscal year 2025, net sales declined... 

Domino's Launches Weeklong Carryout Special

Domino’s is starting the month with a new promotion: from June 2–8, customers can carry out large two-topping pizzas for just $6.99 each.

This weeklong carryout special applies to any large pizza with two toppings, including specialty crusts like Hand Tossed, Crunchy Thin, and New York Style. For an additional $3, customers can upgrade to Domino’s new Parmesan Stuffed Crust pizza.

The promotion comes as Domino’s ramps up rewards and deals to boost consumer demand.

The company reported a 0.5% decline...

Applebee’s Reintroduces “All You Can Eat” to Drive Seasonal Traffic

Applebee’s has reintroduced its popular “All You Can Eat” promotion, an LTO strategy the brand consistently deploys during high-traffic periods to drive guest visits.

This season’s lineup features three proven guest favorites and legacy menu items: Chicken Tenders, Riblets, and Double Crunch Shrimp—offering broad consumer appeal.

• All You Can Eat Chicken Tenders – Battered and fried white meat chicken, served crispy with a choice of two savory dipping sauces.
• All You Can Eat Riblets – Bone-in pork riblets, slow-cooked and finished in either...

JBS Q1 2025 Net Profit Up 50% on Pork, Poultry Gains

Brazilian meat company JBS reported a 50.5% increase in net profit in the first quarter of 2025 reaching 2.92 billion reais ($521 million). Revenue rose 8.5% to $19.5 billion.

The company said strong results in its pork and poultry operations offset continued weakness in North American beef. Seara, its Brazil-based unit, reported an EBITDA margin of 19.8%, while the North American beef business posted a negative 1.6% EBITDA margin, despite net sales up by 16%.

Beef margins were pressured by record cattle...

US Foods Achieves Solid Q1 Results with Gains Across Key Segments

US Foods has released its financial results for the first quarter of fiscal year 2025, highlighting strong performance driven by a focused strategy and the company's ability to manage controllable factors while adapting to broader macroeconomic conditions.

“During the first quarter we outperformed the industry and again delivered strong profitability, with Adjusted EBITDA growing 9% and Adjusted Diluted EPS increasing 26%, despite the challenging operating environment and weather-related headwinds. Our results speak to the strength of our customer value proposition and relentless execution of our strategy,”...

Sysco Corporation Delivers Q3 Financial Results

Sysco Corporation released its financial results for the third quarter of its fiscal year, highlighting some growth despite a challenging operating environment. Unfavorable foreign exchange movements, disruptive weather events, wildfires, and softening consumer confidence have all impacted results for the period.

Total Sysco

Sysco Corporation reported a 1.1% increase in sales for the third quarter, despite a 2.0% decline in U.S. Foodservice volume. Gross profit edged down 0.8% to $3.6 billion, while operating income fell 5.7% to $681 million. Adjusted operating income declined 3.3% to $773...

Chipotle Reports Q1 2025 Revenue Growth Despite Avocado Cost Pressures 

California-based chain Chipotle Mexican Grill, Inc. reported its first-quarter results for the period ended March 31, 2025.

First quarter highlights, year over year:

• Total revenue increased 6.4% to $2.9 billion
• Comparable restaurant sales decreased 0.4%
• Operating margin was 16.7%, an increase from 16.3%
• Restaurant level operating margin was 26.2%, a decrease from 27.5%
• Diluted earnings per share was $0.28, a 7.7% increase from $0.26
• Adjusted diluted earnings per share was $0.29, a 7.4% increase from $0.27

Cal-Maine Foods Announce Q3 Earnings

Cal-Maine Foods announced its financial results for the third quarter of fiscal 2025, reporting net sales of $1.4 billion and net income of $508.5 million.

The company saw strong demand, setting a record for the highest total number of dozens sold during the quarter. Additionally, Cal-Maine made significant progress in its efforts to address the ongoing challenges posed by tight egg supplies in the U.S., exacerbated by rapid outbreaks of bird flu.

Key highlights from the quarter include:

• 14% increase in the...

Hormel Foods Strengthens Retail Division with Key Executive Promotions

Hormel Foods Corporation has unveiled strategic promotions within its executive team, with a focus on enhancing its leadership in the retail sector.

Scott Weisenbeck has been promoted to Vice President of Marketing – Retail. A key driver in the expansion of the company’s bacon category, Weisenbeck will now oversee a broader portfolio of brands. He has been with Hormel Foods for over 30 years and previously served as Assistant Vice President.

Joe O’Connor has been promoted to Vice President of Emerging Brands – Retail. O’Connor, who joined the company...

Dollar General Corporation Reports Fourth Quarter and Fiscal Year Financial Results

Dollar General has reported financial results for the fourth quarter and the 2024 fiscal year.

“We were pleased with the underlying performance of the business in the fourth quarter, including improved execution and solid top-line results,” said Todd Vasos, Dollar General’s chief executive officer. “As we reflect on our full fiscal 2024 year, we believe our Back to Basics work is resonating with customers, as demonstrated by higher customer satisfaction scores and healthy market share gains.”

The company reported net sales...

United Natural Foods Delivers Solid Sales Growth in Q2

United Natural Foods, Inc. (UNFI) has released its financial results for the second quarter, which ended on February 1.

The company reported solid sales growth and an improved Adjusted EBITDA for the sixth consecutive quarter. This performance is aligned with its multi-year strategic plan, which focuses on delivering sustainable value for both customers and suppliers while enhancing profitability.

For the quarter, United Natural Foods reported sales of $8.2 billion, marking a 4.9% increase compared to the same period last year. This growth was...

Publix Sees Solid Growth in Q4 and FY 2024 Results 

In its latest financial results, Publix has seen robust growth in quarterly and fiscal earnings.

For the fourth quarter of 2024, the company reported sales of $15.5 billion, reflecting a 5.5% increase compared to the same period in 2023.

Net earnings for the quarter totaled $1.1 billion.

For the full year, Publix achieved sales of $59.7 billion, a 4.6% increase over fiscal 2023.

Comparable store sales rose by 2.9% year-over-year.

Net earnings for the year amounted to...

Armanino Foods Reports Strong Q4 and Fiscal Year Growth

Armanino Foods of Distinction is celebrating its third consecutive quarter of record financial results.

The company is known for making frozen Italian specialty foods like sauces, pestos, and filled pastas that are manufactured for the foodservice, retail, and industrial markets.

For the quarter, net sales increased by 15%, reaching $18.5 million, compared to $16.1 million in the same period of 2023. For the fiscal year 2024, net sales grew by 9%, totaling $69.4 million, up from $63.6 million in 2023...

US Foods Reports Strong Fourth-Quarter and Fiscal Year 2024 Results

US Foods has announced its fourth-quarter and fiscal year results, showcasing strong growth and solid profit performance.

Fourth Quarter Highlights

US Foods achieved a 3.5% increase in total case volume in Q4. Net sales rose by 6.2%, reaching $9.5 billion. The company also saw a noteable rise in net income, which climbed to $66 million. Gross profit for the quarter increased by 4.8%, totaling $1.7 billion.

Fiscal Year 2024 Overview

For the full fiscal year 2024, the company reported a 4.2%...

Pilgrim’s Pride Delivers Solid Results for Q4 and FY2024

Global leader in poultry, Pilgrim's Pride has reported financial results for the last quarter of FY 2024 showing strong results for the quarter and the year.

The company saw net sales of $17.9 billion for the year, bringing in $4.4 billion for the quarter.

Quarter Highlights

Pilgrim’s US portfolio saw growth from strong seasonal commodity values, increased demand in Case Ready and Small Bird, and operational improvements. US Prepared Foods grew through expanded distribution across retail and foodservice, with significant sales increases in Just...

Kerry Group Reports 7.4% Increase in EBITDA for FY 2024

Kerry Group has released its 2024 financial results, showing group revenue totaling €8.0 billion, with revenue from continuing operations reaching €6.9 billion. Revenue is just below 2023’s €8.02 billion but the groups' EBITDA grew by 7.4% to €1.25 billion.

The company’s Taste & Nutrition division grew by 3.4% in volume compared to a 1.1% growth in 2023. The total group volumes also increased by 3.3%, compared to a negative 0.9% the previous year.

Kerry Group completed the sale of Kerry Dairy Ireland...

Sysco Corporation Reports Strong Q2 Results

Sysco Corporation today announced its financial results for the second quarter, ending December 28, 2024, showing robust growth across key metrics.

Sales increased by 4.5%, reaching $20.2 billion, while gross profit rose by 3.9% to $3.7 billion, reflecting solid performance across the business.

The company met analysts' expectations for the quarter, driven by strong top- and bottom-line growth. International operations, in particular, delivered exceptional results, with operating income rising by 14.5% and adjusted operating income increasing by 26.5%.

"Second quarter results included improvements across the company's core financial drivers...