Core Points - Colabor Group Inc. has completed the acquisition of food distribution assets from Alimplus Inc. and all shares of Tout-Prêt Inc. for a revised total consideration of $49.75 million [1] - The acquisition includes assets related to food distribution and the shares of Tout-Prêt, which specializes in cut fruits and vegetables distribution in Quebec, with expected annual sales of approximately $225 million [2] - Colabor has entered into a distribution agreement with Groupe Mayrand Alimentation inc. for an initial six-year term, although their four stores are not part of the acquisition [2] Financing Details - The company has amended and restated its senior first-ranking secured credit facility, extending the maturity date to June 2029, with a total amount of $91.75 million [5] - The credit facility consists of a $50 million revolving credit and a $41.75 million term loan [5] - Colabor has also secured an agreement with Investissement Québec to extend its existing $15 million subordinated debt maturing in December 2029 and entered into a new financing agreement for an additional $15 million in highly subordinated debt with a 5-year term [5]

Core Insights - SpartanNash reported a sales growth of 3.7% in the first quarter of fiscal 2025, with net sales reaching $2.91 billion, driven by a 19.6% increase in the Retail segment [7][2] - The company reaffirmed its fiscal 2025 guidance, projecting total net sales between $9.8 billion and $10 billion [6][2] - Adjusted EBITDA for the quarter was $76.9 million, an increase from $74.9 million in the previous year, reflecting operational improvements [7][2] Financial Performance - Net sales increased to $2.91 billion, with the Retail segment contributing $947.2 million, a 19.6% increase, while the Wholesale segment saw a decrease of 2.6% to $1.96 billion [7][2] - Net earnings were reported at $2.1 million, or $0.06 per diluted share, down from $13 million, or $0.37 per diluted share, in the prior year [7][2] - Adjusted EPS decreased to $0.35 from $0.53 year-over-year, impacted by increased depreciation and organizational realignment expenses [7][2][26] Operational Highlights - The company achieved record adjusted EBITDA, attributed to strong Wholesale margins and positive comparable store sales [2][7] - Cash generated from operating activities was $25.8 million, down from $36.5 million in the previous year [7][2] - Capital expenditures and IT capital totaled $34.6 million, a decrease from $44.1 million year-over-year [7][2] Strategic Outlook - SpartanNash's strategic initiatives are expected to continue driving growth, with confidence in achieving the 2025 guidance [2][6] - The company anticipates that the additional 53rd week in fiscal 2025 will contribute approximately $0.2 billion in net sales and $4 million in adjusted EBITDA [8][6] - The focus on operational excellence and recent retail acquisitions is expected to enhance performance in the upcoming quarters [2][6]

INVESTOR DAY 2025 BILL MARSHALL Senior Vice President, Investor Relations 1 Welcome & Introduction | Bill Marshall | SVP, Investor Relations AGENDA 2 Strategic Roadmap to Success | George Holm | Chairman & CEO 3 Strategy and M&A | Liz Mountjoy | SVP, Strategy & M&A 4 Differentiated Value Proposition| Scott McPherson | President & COO 5 People & Culture | Erika Davis | EVP & CHRO 6 Operational Excellence | Scott McPherson | President & COO 7 Financial Overview | Patrick Hatcher | EVP & CFO 8 Q&A Session Feed ...

Core Insights - Diageo plc reported net sales of $4.4 billion for Q3 fiscal 2025, reflecting a year-over-year increase of 2.9% driven by organic growth, despite foreign exchange challenges and disposals [1] - Organic net sales rose by 5.9% year-over-year, with significant contributions from various regions, particularly Latin America and the Caribbean, which saw a 29% increase [2][3] Sales Performance - Organic volumes increased by 2.8% and price/mix improved by 3.1%, with phasing gains contributing nearly 4% to organic net sales growth [2] - Regional performance varied, with North America up 6%, Asia Pacific up 2%, Latin America and the Caribbean up 29%, Africa up 10%, while Europe remained flat [2] Tariff Impact - The company faces a 10% tariff on U.K. and European imports into the U.S., with an estimated annual impact of C$150 million [5] - Tariffs between the U.S. and China are not expected to materially affect the business, with management aiming to mitigate nearly half of the operating profit impact [6] Strategic Initiatives - Diageo has launched the first phase of its Accelerate program, focusing on cash delivery goals and operational excellence, aiming for a more agile global operating model [7] - The company forecasts sustainable free cash flow of C$3 billion per year starting fiscal 2026, supported by C$500 million in cost savings over three years [8] Financial Guidance - Diageo anticipates a sequential improvement in organic net sales growth in the second half of fiscal 2025, despite a slight drop in organic operating profit compared to the previous year [10][12] - The effective tax rate for fiscal 2025 is projected to be around 25%, consistent with the previous year [13] Capital Expenditure - The company expects capital expenditure to be at the upper end of its previously guided range of $1.3-$1.5 billion for fiscal 2025 [14]

United Natural Foods, Inc.’s (UNFI) shares have gained 18.2% in the past month, outperforming the industry’s decline of 2.6% and the broader S&P 500 index’s growth of 8.9%. With United Natural Foods’ massive rise in the past month, investors now face a key decision: Should they hold on to the stock or book a profit?UNFI Stock's Past Month PerformanceImage Source: Zacks Investment ResearchClosing at $28.41 yesterday, UNFI is trading above the 50 and 200-day simple moving averages of $26.26 and $23.40, respec ...

Key First Quarter data points: BROADVIEW, Ill., May 15, 2025 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) ("IVFH" or the "Company"), a national seller of gourmet specialty foods to professional chefs, today reported its financial results for the first quarter of 2025. Bill Bennett, Chief Executive Officer of IVFH, remarked, "The first quarter of 2025 marked additional progress against our strategic plan as we continued the second phase of our growth strategy (building the foundation for ...

Kayleigh Campbell Head of Investor Relations [email protected] MEDIA CONTACT: GRAND RAPIDS, Mich., May 15, 2025 /PRNewswire/ -- Food solutions company SpartanNash® (the "Company") (Nasdaq: SPTN) will announce its financial results before the stock market opens on Thursday, May 29, 2025, for the 16-week first quarter ended April 19, 2025. The Company will host a conference call to discuss its quarterly results with additional comments and details on Thursday, May 29, 2025, at 8:30 a.m. ET. There will also be ...

US Foods (USFD) FY Conference Summary Company Overview - US Foods is a foodservice distributor focused on independent restaurants, healthcare, and hospitality customers [1] Key Financials - The company forecasts nearly $40 billion in revenue for 2025 [2] - Achieved $230 million in COGS savings over the last three years and committed to an additional $260 million in the next three years [10][12] Strategic Initiatives Decentralization - US Foods has been decentralizing operations to enhance customer service and decision-making speed [4][6] - Local sales organizations now report to local presidents, improving responsiveness to market conditions [5] Cost Savings - Announced an additional $30 million in cost savings, building on $120 million achieved in the last 18 months [15][16] - Focus on indirect spend, targeting $60 million in savings by 2027 [18] Sales Force and Technology - The sales force consists of approximately 3,000 local sales reps generating $13 billion in independent sales [26] - Technology tools like Moxie enhance sales productivity by streamlining customer interactions [27][28] - The company plans low to mid-single-digit growth in sales rep headcount annually [29] Market Dynamics Healthcare and Hospitality - US Foods holds over 20% market share in healthcare, positioning itself as an industry leader [58][61] - The healthcare segment is expected to continue growing, driven by technology and service model advantages [63][66] - Hospitality growth is anticipated despite tourism fluctuations, with a 3.5% growth reported [79] Competitive Landscape - The company faces competition from both large and regional players but maintains a strong moat through technology and established relationships [65][66] Product Strategy - Focus on private label products, which are more profitable and have higher penetration in independent and healthcare markets [73][75] - The Pronto service model has shown a 10% to 15% uplift in volume, indicating strong demand for targeted services [91] Future Outlook - US Foods is committed to maintaining its growth strategy despite macroeconomic challenges, emphasizing market share gains in profitable customer segments [36][66] - The company is optimistic about its ability to deliver continued EPS growth, having achieved 26% growth in a challenging quarter [102] Additional Insights - The company is exploring automation in distribution centers to improve efficiency and customer experience [81][84] - The cash and carry business is under review, with no immediate plans for divestiture despite previous considerations [97][99] Conclusion - US Foods is positioned for long-term growth with a focus on execution, technology integration, and market share expansion across its core customer segments [102]

BROADVIEW, Ill., May 13, 2025 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional chefs, today announced the timing for the Company’s 2025 annual meeting of shareholders and shared a letter from the Chief Executive Officer to the Company’s shareholders. Annual Meeting of Shareholders The Company will be hosting its annual meeting of shareholders in person on May 28, 2025 at 10:00 a.m. Eastern Time at the Cou ...

Core Insights - Keurig Dr Pepper Inc. (KDP) is currently undervalued with a forward 12-month P/E ratio of 16.04X, lower than the industry average of 18.31X and the sector average of 17.39X [1][4] - KDP shares have appreciated 5.9% in the last three months, outperforming the Zacks Beverages - Soft Drinks industry's growth of 1% and the broader Consumer Staples industry's return of 3.5% [4] Valuation Picture - The stock offers compelling value to investors seeking exposure to the consumer staple sector [4] Performance Analysis - KDP's strong performance in Q1 2025 is attributed to its consumer-focused innovation model, which has driven market share gains in key categories such as liquid refreshment beverages, K-Cup pods, and brewers [6][10] - The company achieved a 4.8% year-over-year increase in net sales, or 6.4% on a constant-currency basis, in Q1 2025, with a 3.6% rise in volume/mix and a 2.8% benefit from favorable pricing [10] Segment Growth - The U.S. Refreshment Beverages segment saw sales reach $2.32 billion in Q1 2024, marking an 11% year-over-year increase, supported by an 8% rise in volume/mix and a 3% increase in net price realization [11] - Strong performance in liquid refreshment beverages was driven by brands like Peñafiel and core offerings such as Dr Pepper and Crush, with the acquisition of GHOST enhancing the energy drink portfolio [12] Future Outlook - The Zacks Consensus Estimate for KDP's 2025 earnings has increased by a penny in the past 30 days, indicating positive sentiment [13] - For 2025, the consensus estimates imply 5.61% and 6.25% year-over-year growth in sales and EPS, respectively [13] Strategic Initiatives - KDP's growth reflects a strategic combination of innovation, brand activity, and strong commercial execution, with a focus on cost efficiency and disciplined capital management [7] - The company has strengthened its distribution network with new territory expansion in Tennessee and enhanced its Direct Store Delivery network in Mexico [9]