General News

USDA Restricts PACA Violators in Virginia, Florida, and California from Operating in the Produce Industry

USDA/AMS Press Release: WASHINGTON, Feb. 16, 2016 – The U.S. Department of Agriculture (USDA) has imposed sanctions on three produce...

9 years ago 3 minute read

New York Firm Posts $50,000 Surety Bond to Obtain PACA License

USDA/AMS Press Release: WASHINGTON, Feb. 16, 2016 – Porto Pavion LLC, operating in Harrison, N.Y., has posted a $50,000 surety...

9 years ago 1 minute read

Hormel Foods Achieves Record First Quarter Earnings and Raises Fiscal 2016 Guidance

The company reported fiscal 2016 first quarter record net earnings of $235.1 million, up 25 percent from non-GAAP adjusted net...

9 years ago 1 minute read

USDA Files Action Against Felda Vegetable Farms Inc. in Florida for Alleged PACA Violations

USDA/AMS Press Release: WASHINGTON, Feb. 16, 2016 – The U.S. Department of Agriculture (USDA) has filed an administrative complaint under...

9 years ago 2 minute read

The Cheesecake Factory Reports Results for Fourth Quarter of Fiscal 2015

Total revenues were $526.8 million in the fourth quarter of fiscal 2015 as compared to $499.7 million in the prior...

9 years ago 1 minute read

USDA Files Action Against Gregory Melton, Doing Business as GM Brokerage in Tennessee for PACA Violations

USDA/AMS Press Release: WASHINGTON, Feb. 12, 2016 – The U.S. Department of Agriculture (USDA) has filed an administrative action under...

9 years ago 2 minute read

PepsiCo Reports Fourth Quarter and Full-Year 2015 Results

PepsiCo, Inc. reported organic revenue growth of 4 percent for the fourth quarter of 2015 and 5 percent for the...

9 years ago 1 minute read

TreeHouse Foods, Inc. Reports Fourth Quarter 2015 Results and Provides 2016 Outlook

Net sales for the fourth quarter totaled $865.4 million compared to $903.5 million last year, a decrease of 4.2%, due...

9 years ago 1 minute read

WhiteWave Foods Reports Record Fourth Quarter and Full Year 2015 Results

Net sales for the fourth quarter 2015 were $1,028 million, a 13 percent increase from net sales of $911 million...

9 years ago 1 minute read

The Andersons, Inc. Reports Fourth-Quarter and Full Year Results

The Company reported fourth quarter 2016 net income attributable to The Andersons of $10.1 million, or $0.36 per diluted share....

9 years ago 1 minute read

Whole Foods Market Reports First Quarter Results

For the quarter, total sales increased 1.9% to a record $4.9 billion. Comparable store sales decreased 2.4%. Net income was...

9 years ago 1 minute read

US Foods Files Registration Statement for Proposed Initial Public Offering

Company Press Release US Foods Holding Corp. (together with its consolidated subsidiaries, “US Foods”), the parent company of US Foods,...

9 years ago 3 minute read

The Wendy’s Company Reports Preliminary 2015 Results; Announces 2016 And Long-term Outlook

Same-restaurant sales increased 4.8 percent at North America system restaurants in the fourth quarter of 2015. Same-restaurant sales increased 4.9...

9 years ago 1 minute read

The Coca-Cola Company Reports Fourth Quarter and Full-Year 2015 Results; Announces Accelerated Refranchising Plans

Full-year reported net revenue declined 4% while organic revenue grew 4%. Reported net revenue and organic revenue declined 8% and...

9 years ago 1 minute read

USDA Files Action Against M & M Produce Inc. in Connecticut for PACA Violations

USDA/AMS Press Release: WASHINGTON, Feb. 9, 2016 – The U.S. Department of Agriculture (USDA) has filed an administrative action under...

9 years ago 2 minute read

USDA Files Action Against Arrow Farms of New York Inc. for PACA Violations

USDA/AMS Press Release: WASHINGTON, Feb. 9, 2016 – The U.S. Department of Agriculture (USDA) has filed an administrative action under...

9 years ago 2 minute read

USDA Files Action Against Andrews Farming Inc. in Virginia for PACA Violations

USDA/AMS Press Release: WASHINGTON, Feb. 9, 2016 – The U.S. Department of Agriculture (USDA) has filed an administrative action under...

9 years ago 2 minute read

Ingles Markets, Incorporated Reports Sales and Net Income for First Quarter Fiscal 2016

Net sales totaled $951.1 million for the quarter ended December 26, 2015, compared with $964.5 million for the quarter ending...

9 years ago 1 minute read

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