Dublin, June 06, 2025 (GLOBE NEWSWIRE) -- The "Europe Rice Noodles Market, By Country, Competition, Forecast & Opportunities, 2020-2030F" has been added to ResearchAndMarkets.com's offering. The Europe Rice Noodles Market was valued at USD 2.18 Billion in 2024 and is expected to reach USD 3.86 Billion by 2030, rising at a CAGR of 9.99%. The market is witnessing sustained growth as European consumers increasingly turn to gluten-free and health-conscious dietary options. The popularity of Asian cuisine acros ...

FREE document shredding and electronics recycling by Iron Mountain and Information Systems Resources available at Comerica's Great Lakes CampusDETROIT, June 6, 2025 /PRNewswire/ -- Comerica Bank encourages the public to bring paper documents and computer equipment and accessories for recycling, free of charge, to Comerica's Great Lakes Campus (36455 Corporate Drive, Farmington Hills, MI 48331) on Saturday, June 14, from 8 a.m. to 1 p.m., for the return of its 16th annual Metro Detroit Shred Day.This marks t ...

Summary of US Foods Conference Call Company Overview - **Company**: US Foods - **Industry**: Foodservice Distribution Key Points and Arguments Organizational Changes and Focus - CEO Dave Flippman emphasized the simplification of the company's agenda to improve execution and customer focus, which he inherited upon joining the company [4][5] - CFO Dirk Locascio highlighted the narrowing of focus and the establishment of a performance culture, which has led to improved financial results and safety metrics, with a 50% reduction in incident rates over the past few years [6] Consumer Environment - The foodservice industry has shown resilience through macroeconomic cycles, with US Foods experiencing only mid-single-digit volume declines during the Great Recession [8][9] - Despite ongoing inflationary pressures and declining foot traffic in restaurants for eight consecutive quarters, there are signs of recovery, with foot traffic improving slightly in recent months [9][10] Financial Targets and Confidence - US Foods has set long-term targets of 5% sales growth, 10% EBITDA growth, and 20% EPS growth, with high confidence in achieving these despite industry challenges [11][12] - The company has successfully implemented self-help initiatives, allowing it to gain market share even in a down environment [12][14] Self-Help Initiatives - US Foods is committed to a $260 million investment over three years to improve gross profit, alongside a target of 3-5% fixed cost productivity to offset inflation [15][18] - The company has a strong focus on independent restaurants, which are the most profitable segment in the foodservice industry, and has gained market share for 16 consecutive quarters in this area [14][15] Market Share and Differentiation - US Foods utilizes granular market data to identify share gain opportunities and has built a strong sales force supported by product specialists and technology [22][24] - The Moxie e-commerce platform enhances customer engagement and operational efficiency, making it easier for customers to interact with US Foods [25][26] Private Label Strategy - The company has 22 private label brands and has seen a significant increase in penetration, reaching 35% overall and 53% for independent customers [46][47] - Private label products are positioned as high-quality and cost-effective, contributing to higher profitability for the company [47][48] Competitive Environment - The foodservice distribution market remains highly fragmented, with US Foods and its two largest competitors holding less than 40% market share [51] - The company focuses on hiring talent with diverse backgrounds, including culinary experience, to enhance its sales force [53][55] M&A Strategy - US Foods targets tuck-in acquisitions of well-run, family-owned businesses to increase local market density and operational efficiency [61][62] - The M&A market remains stable, with reasonable valuations and ongoing relationships with potential targets [63][64] Capital Allocation - The company prioritizes investing in business growth, maintaining leverage, pursuing tuck-in M&A, and returning capital to shareholders through share repurchases [66][67] - US Foods is excited about automation and plans to open a semi-automated facility to improve productivity and customer experience [69][71] Future Outlook - US Foods anticipates achieving the highest EBITDA and EBITDA margins in its history, with significant opportunities for margin expansion and continued self-help initiatives [94][95] - The company aims to be an earnings compounder, with a focus on sustainable growth beyond the next three years [102][104] Additional Important Insights - The Pronto program, which enables more frequent deliveries, has shown promising results with a 10-15% uplift in cases where implemented, contributing to growth potential [91][92] - The company has successfully reduced turnover and improved productivity through flexible scheduling, enhancing overall operational efficiency [81][82]

Core Insights - Lifeway Foods, Inc. has achieved net sales of $37.6 million for the first two months of Q2 2025, marking a 10.7% increase year-over-year [1] - Year-to-date net sales reached $83.7 million as of May 31, 2025, with expectations for Q2 net sales to be between $52 million and $56 million [1] - The company is expanding distribution of its products in response to rising consumer interest in probiotic and functional foods [2] Sales Performance - The company reported a 10.7% increase in net sales for the first two months of Q2 2025 compared to the same period last year [1] - Year-to-date net sales as of May 31, 2025, totaled $83.7 million [1] - Lifeway anticipates Q2 net sales to fall between $52 million and $56 million [1] Product Expansion - Lifeway is expanding its distribution across major retailers, including Amazon Fresh, BJ's Wholesale Club, CVS, HEB, and others [3] - New product launches include Lifeway Organic, Lactose Free Flavor Fusions and Lifeway Organic Kefir Shots in various retail locations [3] - The company is seeing a 63% unit increase in Lifeway Farmer Cheese year-to-date, indicating strong demand [2] Market Trends - There is a growing consumer interest in functional foods that support gut health and overall wellness, driven by social media trends [2] - Lifeway's products are made with live and active cultures, aimed at supporting immunity, digestion, and long-term health [2]

Neogen (NEOG) FY Conference June 04, 2025 09:40 AM ET Speaker0 Good morning, everyone. Thank you for joining us here. My name is Brandon Vasquez. I am the research analyst here at William Blair covering Neogen. I am required to inform you that for a complete list of disclosures, please go to our website at WilliamBlair.com. Happy to have CFO and COO Dave Namora with us from Neogen this morning who's gonna present. We he will go over presentation if we have a couple minutes. Like usual, I'll ask a couple que ...

William Blair Growth Stock Conference June 4, 2025 Disclaimer Forward-Looking Statements This presentation includes "forward-looking statements" as that term is defined in Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Neogen's current expectations and are subject to risks and uncertainties, which could cause actual results to differ from those stated or implied by such forward-looking stat ...

Available Now in All 50+ Locations of Bluestone Lane Cafés and Coffee Shops, the Iced Coffee Drinks are Made with Clean, Functional Ingredients to Optimize EnergyBOULDER, Colo., June 4, 2025 /PRNewswire/ -- Laird Superfood, Inc. (NYSE: LSF), a leader in functional coffee, creamers, and superfood products made with minimally processed ingredients, has partnered with Bluestone Lane, the Australian-inspired specialty coffee roaster and café chain, to offer Laird Superfood Latte and Laird Superfood Mocha, iced ...

Engagement Elevates Communications Strategy in the U.S. to Support the Company’s Accelerating Commercial MomentumVANCOUVER, BC and KIBBUTZ YIFAT, Israel, June 04, 2025 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) ("Beyond Oil" or the "Company"), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, today announced its engagement with ICR, Inc. (“ICR”), a ...

These scholarships honour the extraordinary contributions of David Emerson, Wallace McCain, Purdy Crawford, and W. Geoffrey Beattie, past Chairs of the Maple Leaf Foods Board of Directors. Each year, the Centre awards four scholarships to Masters or Doctoral students who are pursuing research that contributes to the body of knowledge on food insecurity in Canada. Candidates are selected based on their academic standing, contribution to filling research gaps, and quality of the submission, including feasibil ...

打赢这场硬仗，储的环节要把工作做在前面。粮食系统要提早谋划，全力保证仓容、人员、资金等要素 齐备，确保"有人收粮、有钱收粮、有仓收粮、有车运粮"，坚决守住农民"种粮卖得出"的底线；运用智 能化、信息化技术手段，让粮食入库更高效；加强产销衔接和农企对接，确保农民售粮顺畅，推动粮食 价格保持在合理水平。 "麦在地里不要笑，收到囤里才牢靠。"打赢这场硬仗，需要各部门各地区加强协同合作，收割收获、收 购收储各环节要紧密衔接"一条龙"，以更有力的工作举措、更温暖的服务保障，呵护好广大农民、农机 手的权益和积极性，共同跑好小麦丰收的"最后一公里"，奋力夺取夏季粮油丰收，夯实全年粮食生产基 础。 眼下，我国各小麦主产区的小麦大规模机收正由南向北快速推进。粮安则农稳，农稳则全局主动。夺取 夏粮丰收是全年粮食生产关键一仗，对扛牢保障国家粮食安全重任、端好中国饭碗至关重要，必须全力 以赴打好这场硬仗。 打赢这场硬仗意义重大，是确保"谷物基本自给，口粮绝对安全"的硬要求。虽然夏粮产量只占全年粮食 总产量的四分之一左右，但作为夏粮主力的小麦属于我国城乡居民主要口粮品种。涉及老百姓直接消费 的口粮，决不能掉以轻心。 打赢这场硬仗，收的 ...