Sodexo Reports 3Q Numbers

Aug 1, 2008 12:00 PM

U.S. revenues hurt by dollar’s slide.

Sodexo has reported a nine-month revenue increase of 2.5 percent in its 2008 fiscal year, to $16.6 billion (10.2 billion Euros). Revenues in North America were $6.4 billion, thanks in part to new clients like Procter & Gamble and the University of Arkansas.

Revenue growth in the U.S. was hampered by the dollar's steep decline against the Euro. Without exchange rate effects, U.S. revenues grew 5.2 percent, but when the dollar's slide is factored in, they declined 6.5 percent.

50 Years and Counting

Aug 1, 2008 12:00 PM

NACUFS members gathered to celebrate a half century of volunteerism, educational accomplishment and leadership in the campus dining community....

Senior Facility Grows Own Herbs

Aug 1, 2008 12:00 PM

Residents of RiverWoods, a senior living community in Lewisburg, PA, are enjoying the taste of fresh herbs when they dine in the community's Ridgecrest...

Culinaire Adds Daytime Event Unit

Aug 1, 2008 12:00 PM

Culinaire is franchising the Picnic People concept through its Food Glorious Food catering unit. Picnic People is an outdoor special event company specializing...

Google's In-house Food Critic

Aug 1, 2008 12:00 PM

Google, Inc., has become famous for the quality and low price (in fact, no price, since it's all free) of its in-house dining choices. But even the finest...

Hey, What's Your Carbon Impact?

Aug 1, 2008 12:00 PM

Bon Appetit Management Co. has constructed a low carbon diet calculator that anyone can access to measure the impact of different meal choices on the...

Feds Expand K-12 Meal Subsidy

Aug 1, 2008 12:00 PM

The government has announced a 4.3% annual increase in the federal reimbursement provided to school nutrition programs. However, the School Nutrition...

Danny Mayer to Be at New Mets Park

Aug 1, 2008 12:00 PM

A series of restaurant concepts from the Danny Mayer's Union Square Hospitality Group will be among the foodservice offerings for New York Mets fans in...

St. Louis Schools Choose Chartwells/Thompson

Aug 1, 2008 12:00 PM

St. Louis Public Schools has terminated its foodservice contract with Aramark and turned management of the district's food and nutrition program over...

Aramark Study Supports Trayless Dining

Aug 1, 2008 12:00 PM

Two research studies from Aramark Higher Education conclude that removing trays from college dining halls reduces food waste significantly, and that customers...

Brownbagging Hits a High

Aug 1, 2008 12:00 PM

Brown-bagged lunches hit a high point in 2007, according to a report from the NPD Group market research organization. The main reason, as might be expected,...

Report: Privatizing Could Cut Prison Feeding Cost

Aug 1, 2008 12:00 PM

Michigan taxpayers could save nearly half of the $83.4 million they spend to feed the state's 51,000 prison inmates by privatizing the function, concludes...

U-Fla. Goes Kosher

Aug 1, 2008 12:00 PM

The University of Florida has opened a new kosher dining hall, The Olam: Tastes from Around the World, at its Hillel facility and will offer special kosher...