E&S Suppliers’ Sales And Price Growth Slowed 4Q-23, Reports R.W. Baird

A continuing slowdown in sales and orders for suppliers of foodservice equipment and supplies is clear from the latest foodservice industry survey fielded by Milwaukee-based investment firm R.W. Baird. Revenue growth slowed to 1% 4Q-23 from 3.4% 3Q-23 and 6.6% 2Q-23 as the post-pandemic rebound in sales wanes. The respondents expect another quarter of slow…