Reed’s: Virgil’s Rebrand Bolsters Q3 Earnings

Reed’s, Inc.’s rebranded Virgil’s soda line helped spur a 29 percent increase in gross margins in the third quarter, CEO Val Stalowir told investors during the company’s Q3 earnings report this week. According to Stalowir, buyer interest in Virgil’s Zero Sugar helped Reed’s to open 1,100 new doors in Q3.

The Shifting Landscape of Premium Tea

The U.S. market is seeing major growth in premium tea beverages. As interest in clean label and healthy products increases, consumers seek more authentic beverage experiences and increasingly demand greater transparency. This is driving innovation that delivers tea the way nature intended. Finlays is investing in delivering the future of tea, pioneering new innovative technology to meet the needs of tomorrow’s consumer.

Review: Joybird Premium Hemp Infusion

Joybird is a new line of cannabidiol (CBD) infused beverages launching in three flavors -- Apple Cranberry, Mixed Berries, and Orange Tangerine -- with 45 calories per bottle.

Elevator Talk: O2 Natural Recovery Aims to Scale Beyond Crossfit

Dave Colina, founder and CEO of O2 Natural Recovery, has found a viable market within the crossfit community and is looking to scale beyond. O2 Natural Recovery is a non-carbonated natural sports recovery drink with increased oxygen and electrolytes.

Nielsen: Sparkling Water, Energy Make Gains

An increase in dollar sales for sparkling flavored waters and energy drinks helped offset slow growth in carbonated soft drinks (CSDs) and a decrease in tea over a four-week period ending on Nov. 3, according an analysis of Nielsen data by Wells Fargo Securities. Total snack and non-alcoholic beverage sales were up 2.9 percent.

Flower Power: New CBD Beverages Offer Relaxation, Relief

As CBD continues to infuse itself within the beverage industry and with talks of an upcoming Farm Bill clearing a path for opening the market for CBD products, several new brands -- Joybird Wellness, Recess, Lumen, and DRAM Apothecary -- have emerged with fresh takes on the trend.

Distributor Profile: Hensley Grows Beyond Beer

According to president Andrew McCain, Hensley is approaching 3 million cases of volume shipped for its non-alcoholic portfolio this year, with annual growth expected to land between 15 and 20 percent for the next few years.

CELSIUS Continues Growth in Q3 Earnings

In a year marked by executive restructuring, Celsius Holdings Inc. continued its run of consistent growth in the energy category, announcing a 54 percent increase in year-over-year revenue in its Q3 earnings report released on Thursday.

Monster: Coke Energy Dispute Revealed in Q3 Earnings

Monster is fighting against increased competition in the energy space, CEO Rodney Sacks said during the company’s Q3 earnings report yesterday, including from one of its most prominent shareholders: The Coca-Cola Company.

KDP: Net Sales Rise Post-Merger in Q3

Keurig Dr Pepper (KDP) enjoyed increases in net sales and operating income in the third quarter, during which the company also completed its merger of Keurig Green Mountain and Dr Pepper Snapple Group.