STOCK TITAN

OLM Food Solutions Introduces Hot Stuff Kitchen Stuffed Bites

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

OLM Food Solutions, a Performance Food Group (PFG) company, has launched Hot Stuff Kitchen Stuffed Bites, featuring classic flavors in various doughs for on-the-go snacking. The product aims to increase same-store sales, providing unique, cost-effective, and tasty options for customers. The initial line includes savory and sweet flavors like Jalapeño Biscuit and Apple Pie Bites, with more to come.

Positive
  • Launch of new product line to cater to increasing demand for convenient snacking options.

  • Focus on operational efficiency and market appeal to drive sales growth.

  • Innovative flavors like Beefy Taco Bites and Brown Sugar Cinnamon Bites to capture consumer interest.

Negative
  • Competition in the snack market may pose challenges for product adoption and market share growth.

  • -time offerings like Apple Pie Bites may not contribute significantly to long-term sales sustainability.

Performance Food Group company addresses need for quality, on-the-go snacks

SIOUX FALLS, S.D.--(BUSINESS WIRE)-- OLM Food Solutions, a Performance Food Group (PFG) (NYSE: PFGC) company, is excited to announce the expansion of its snack offerings with Hot Stuff Kitchen Stuffed Bites. This product line pairs hearty portions of classic flavors with various doughs, from flaky pastry to buttermilk biscuits, which offers home-style taste and on-the-go convenience.

Created to meet America's growing demand for convenient, tasty snacking options, Stuffed Bites is designed with operational efficiency and market appeal in mind. These snacks address the needs articulated by OLM Food Solution customers—unique products that deliver exceptional taste in a cost-effective and accessible way.

"Our goal with the HSK Stuffed Bites is to drive a significant increase in same-store sales for our customers," says Raden Smith, CEO of OLM Food Solutions. "This product is a strategic response to what we've learned from store operators about what works best in today’s fast-paced foodservice environment."

The Stuffed Bites currently includes:

Savory Staples for Everyday:

  • Jalapeño Biscuit Sunrise Bites: A low-labor, high-appeal option for busy mornings.
  • Beefy Taco Bites: A unique and tasty offering that captures the vibrant flavors of Tex-Mex cuisine.

Sweet, Seasonal Offerings:

  • Apple Pie Bites: A limited-time offering that brings the comfort of classic apple pie in a convenient form.
  • Brown Sugar Cinnamon Bites: A seasonal treat combining brown sugar's sweetness with cinnamon's warmth.

"These new flavors are just the beginning," said Smith. “As we’ve grown far beyond just a pizza company, OLM is tuned into America's snacking habits, and we're dedicated to continuously exploring fun and exciting tastes to expand our Stuffed Bites line."

Learn more about Stuffed Bites here: https://viewer.foleon.com/preview/3o70ltvmr7/

About Performance Food Group Company

Performance Food Group is an industry leader and one of the largest food and foodservice distribution companies in North America with more than 150 locations. Founded and headquartered in Richmond, Virginia, PFG, and our family of companies, market and deliver quality food and related products to 300,000+ locations including independent and chain restaurants; businesses, schools and healthcare facilities; vending and office coffee service distributors; and big box retailers, theaters and convenience stores. PFG’s success as a Fortune 100 company is achieved through our more than 37,000 dedicated associates committed to building strong relationships with the valued customers, suppliers and communities we serve. To learn more about PFG, visit pfgc.com.

About OLM Food Solutions

Headquartered in Sioux Falls, S.D., OLM Food Solutions, a Performance Food Group company, and has been a pioneer in the food industry for more than four decades. With a commitment to innovation and excellence, OLM continues to deliver on its promise of providing quality, convenient, and flavorful food solutions to the market. For more information, please visit www.olmfoods.com.

Investors:

Bill Marshall

VP, Investor Relations

804-287-8108

Bill.Marshall@pfgc.com

Media:

Scott Golden

Director, Communications & Engagement

804-484-7873

Scott.Golden@pfgc.com

Source: Performance Food Group Company

FAQ

What is the new product launched by OLM Food Solutions?

OLM Food Solutions has launched Hot Stuff Kitchen Stuffed Bites.

Who is the CEO of OLM Food Solutions?

Raden Smith is the CEO of OLM Food Solutions.

What is the stock symbol of Performance Food Group?

The stock symbol of Performance Food Group is PFGC.

What are some flavors included in the Stuffed Bites line?

Some flavors included are Jalapeño Biscuit, Beefy Taco, Apple Pie, and Brown Sugar Cinnamon Bites.

Performance Food Group Company

NYSE:PFGC

PFGC Rankings

PFGC Latest News

PFGC Stock Data

13.49B
151.65M
2.1%
98.02%
1.68%
Food Distribution
Wholesale-groceries, General Line
Link
United States of America
RICHMOND