Kimberly-Clark Corp., parent company of Kimberly-Clark Professional, reported fourth-quarter revenue of US$5 billion, in line with a year ago and a 3% increase in organic sales. Kimberly-Clark also reported a quarterly net income of $512 million, or $1.51 per share, compared to $515 million, or $1.50 per share, for the same period last year. Net sales in the company’s ...
Cintas Corp. has released its 2023 Environment, Social, and Governance (ESG) Report. The fourth annual report details Cintas’ sustainable business practices and contains expanded data on its emissions, energy, and water use during the 2023 fiscal year. The report also highlights how the company reduced energy usage intensity by 33% and cut greenhouse gas emissions intensity by 35% ...
Sodexo has appointed Amy O’Neil president of the company’s workplace experience for corporate service division. O’Neil has spent more than two decades in the foodservice, technical services, facilities, and hospitality sectors, leading operations, sales, marketing, and continuous improvement. She joins Sodexo from Hana, a wholly owned subsidiary of CBRE, where she served as chief operating ...
3M has reported fiscal-fourth-quarter sales of US$8 billion, a slight decline of 0.8% from one year ago. Sales in the company’s health care division decreased 0.3% to $2.03 billion and its consumer division saw a 1.6% decrease in sales to $1.24 billion. 3M’s safety and industrial division reported sales of $2.66 billion, a dip of 2.7%, ...
The Tranzonic Cos., parent company of Hospeco Brands Group (HBG), has appointed Joe Vitale chief corporate development officer. Vitale has more than 25 years of professional experience in corporate banking and sponsor-backed portfolio companies. Prior to joining Tranzonic, he led mergers and acquisitions for premium label manufacturer Brook + Whittle. In his newly created role, ...
New York was ranked the top state for Leadership in Energy and Environmental Design (LEED), a green building certification developed by the U.S. Green Building Council (USGBC). The state, which moved up from third place in 2022, certified 4.63 square feet of building space per person under LEED in 2023. The top 10 states, plus the District of Columbia, ...
Tahoe Supply Co. has received certification as a Women’s Business Enterprise (WBE) from the Women’s Business Enterprise National Council (WBENC). To receive WBE certification from the WBENC, Tahoe Supply underwent an in-depth review and site inspection to confirm that the business is at least 51% owned, operated, and controlled by a woman or women. WBENC certification ...
Procter & Gamble (P&G), parent company of Procter & Gamble Professional (P&G PRO), has reported fiscal second-quarter net sales of US$21.4 billion, an increase of 3% from a year earlier. The company reported an operating income of $4.43 billion, a 7% dip from $4.78 billion a year ago. Net sales for P&G’s healthcare division rose 4%, while sales in ...
Sodexo has announced a strategic partnership with The Leapfrog Group, an independent national watchdog organization of employers and other purchasers focused on healthcare safety. According to a press release, Leapfrog’s goal is to improve American healthcare by transparently reporting information on medical errors, accidents, and infections. As a partner with Leapfrog, Sodexo will provide advice ...
Compass Group has agreed to purchase catering and hospitality services provider CH&CO Group Ltd. The purchase of the United Kingdom-based CH&CO is valued at more than US$603 million, including debt, making it Compass Group’s largest acquisition in Europe to date. According to Facilities Management Journal, the deal includes such CH&CO Group brands as Gather & Gather, ...
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