SAINT-BRUNO-DE-MONTARVILLE, Québec, March 26, 2026 (GLOBE NEWSWIRE) -- Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) provided today an update regarding its sale and investment solicitation process (“SISP”) conducted under the supervision of the Superior Court of Québec (Commercial Division) (the “Court”) and Raymond Chabot Inc., as Court-appointed monitor of the Company (the “Monitor”) in connection with the restructuring proceedings (the “CCAA Proceedings”) of the Company and certain of its su ...

Asked about differences between independent restaurants and chains, Lin focused on margin structure. He said large chain accounts often negotiate aggressively and pressure distributor margins, which he suggested is one reason larger distributors have been trying to increase their exposure to independents. Lin said independent restaurants generally allow for higher margins than chains.Within that environment, Lin said HF Foods grew revenue in the “single digits” and that EBITDA increased by almost 7% year ov ...

G. WILLI-FOOD INTERNATIONAL ANNOUNCES DIVIDEND DISTRIBUTION OF NIS 22 MILLION (US$7.1 MILLION) Accessibility StatementSkip NavigationYAVNE, Israel, March 24, 2026 /PRNewswire/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (TASE: WILF) (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced that the Company's Board of Directors has declared a cash dividend distribution of approximately NIS 1.58 per o ...

A major player in the U.S. grocery supply chain is delivering difficult news to hundreds of workers as it restructures its logistics network. In a rapidly changing food retail landscape, consumers are also changing what and how they eat, placing greater emphasis on a healthier diet and a visible increase in the consumption of natural and organic foods. According to data from the Organic Trade Association (OTA), sales of organic food products reached $65.4 billion in 2024, up from $38.6 billion in 2012, ...

Core Viewpoint - The Chefs' Warehouse's Chief Accounting Officer, Tim McCauley, sold 551 shares of common stock for approximately $34,450, which is part of a broader trend of insider transactions that are primarily predetermined for tax purposes [1][7]. Transaction Summary - The transaction involved the sale of 551 shares at a total value of approximately $34,450, with a post-transaction direct ownership of 48,943 shares valued at around $3.06 million [2]. - The shares were sold at a weighted average purchase price of $62.52, which matched the closing price on the transaction day [2]. Company Overview - The Chefs' Warehouse is a leading specialty food distributor with a portfolio of about 50,000 products, including artisan charcuterie, specialty cheeses, and proteins, serving various culinary sectors across the U.S. and Canada [6]. - The company reported a total revenue of $4.15 billion and a net income of $72.36 million for the trailing twelve months [5]. Market Context - The stock of The Chefs' Warehouse has experienced volatility, with a beta of 1.28, indicating it is more volatile than the S&P 500 [9]. - In March 2026, the stock price fell by 16.50%, erasing earlier gains for the year [9]. Recent Developments - The company is positioned for strong operational performance, bolstered by the acquisition of Italco Food Products in October 2025 [8].

Core Viewpoint - Organto Foods Inc. has engaged VSA Capital Limited and Venture Liquidity Providers Inc. for marketing and market-making services to enhance market awareness and investor engagement [1][2][3] Group 1: Engagement with VSA Capital Limited - VSA Capital will provide marketing and communications support, including publishing video interviews and podcasts to increase market awareness [2] - The engagement lasts until March 2027 with an annual fee of GBP 7,000, subject to annual review and potential changes [2] - VSA Capital does not hold any securities in Organto and operates at arm's length from the company [2] Group 2: Engagement with Venture Liquidity Providers Inc. - VLP will offer market-making services starting April 1, 2026, through a registered broker, W.D. Latimer Co. Ltd. [3] - The company will pay VLP $5,000 per month for an initial term of 3 months, with automatic renewal for successive 1-month terms [3] - VLP has no direct or indirect interest in Organto and will not receive shares or options as compensation [3] Group 3: Company Overview - Organto Foods Inc. is a Canadian company supplying certified organic and fairtrade produce to international retailers [4] - The company manages global sourcing, logistics, and distribution with a focus on transparency, sustainability, and operational excellence [4]

This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Dive Brief: United Natural Foods, Inc. intends to close its distribution center in Sturtevant, Wisconsin, later this year as part of the grocery distributor’s ongoing drive to optimize its network and serve customers more efficiently, according to a company statement. The move, which will involve the elimination of 443 jobs, is connected with an effort by UNFI t ...

LAS VEGAS, March 17, 2026 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods” or the “Company”), a leading distributor of international foodservice solutions to Asian restaurants and other businesses across the United States, today announced that the Company will participate in the 38th Annual Roth Conference in Dana Point, CA. The HF Foods executive management team is hosting a fireside chat that is scheduled to begin at 8:00 a.m. PT on Tuesday, March 24, 2026. The fireside chat will be webc ...

Core Insights - Chef Jon-Luc Maggi has been awarded Culinary Artisan of the Year after winning the Battle of the Blades competition hosted by Sysco Corporation [1][2] Group 1: Competition Details - The final round featured Chef Jon-Luc Maggi competing against Chef Robert Root and Chef Dean Hiatt, with a five-judge panel evaluating based on visual appeal, creativity, execution, ingredient use, and taste [2] - Each finalist utilized an unlimited selection from the Sysco Pantry along with three mystery ingredients, resulting in Chef Maggi's winning dish of tarragon marinated lamb chops [3] Group 2: Sysco Corporation Overview - Sysco is the global leader in food distribution, serving various sectors including restaurants, healthcare, and educational facilities, with over 339 distribution centers across 10 countries [7] - The company reported sales exceeding $81 billion for the fiscal year 2025, which ended on June 28, 2025 [7] - Sysco provides customized supply chain solutions and culinary support to help customers innovate and optimize their operations [8]

Financial Data and Key Metrics Changes - Net revenue increased by 2.2% year-over-year to $1.23 billion from $1.2 billion, primarily due to volume growth and pricing improvement in seafood and meat poultry [10][4] - Gross profit rose by 1.2% to $207.6 million, with gross profit margin slightly decreasing to 16.9% from 17.1% [10][11] - Adjusted EBITDA increased by 6.9% to $45 million compared to $42 million in the previous year [11][12] - Net loss attributable to HF Foods improved to $38.8 million from a loss of $48.5 million in 2024 [11][12] - Adjusted net income increased by 20.9% to $16.9 million compared to $14 million in the prior year [12] Business Line Data and Key Metrics Changes - Volume growth was noted in seafood and meat poultry, while other categories experienced volume decreases [10] - Distribution, selling, and administrative expenses increased by $3.7 million to $201.8 million, primarily due to increases in depreciation and non-recurring transformation expenses [11] Market Data and Key Metrics Changes - The company operates in a $50 billion addressable market, with HF Foods being the largest player in the Asian specialty space in the U.S. [9] - The company anticipates low single-digit growth in both top line and bottom line for 2026, similar to 2025 [7] Company Strategy and Development Direction - The company is focused on a long-term transformation plan that includes sales operations consolidation, digital infrastructure upgrades, and facility renovations [4][5] - M&A remains a core pillar of the growth strategy, with a focus on expanding geographic footprint and enhancing product capabilities [8][9] - The company aims to drive organic growth through cross-selling opportunities and operational efficiencies [8][15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged headwinds in the food service industry due to tariff pressures and lower foot traffic but expressed confidence in the company's long-term growth strategy [4][8] - The company is optimistic about M&A opportunities and believes it is well-positioned to capture growth in the coming years [9][15] Other Important Information - The company completed the full ERP implementation across all distribution centers, which is expected to enhance operational efficiencies [5][14] - Renovations at the Charlotte location are nearing completion, with operations expected to begin in Q2 2026 [6] Q&A Session Summary Question: Opportunities for Incremental Organic Growth - Management highlighted cross-selling opportunities in the Southeast, particularly with the new facility in Atlanta, and noted ongoing ramp-up phases [18][19] Question: February Traffic Year-over-Year Change - Management indicated that promotional campaigns with strategic vendors have positively impacted traffic and volume in Q1 compared to 2025 [22][23] Question: IEEPA Tariffs and Refunds - Management stated it is too early to estimate potential refunds from tariffs and is assessing the situation closely [24][25]