News

PepsiCo Raises Year-End Guidance in Strong Q3 Report

PepsiCo raised its 2022 full-year organic revenue guidance to +12% in its Q3 earnings report this week, citing a strong quarterly performance bolstered by North American market share increases in snacks and sports drinks. The New York-based conglomerate surpassed analyst expectations in its quarterly report, announcing Q3 net revenue growth of 8.8% to $21.97 billion.

Expo East 2022: Swoon Finds Sweet Spot in Zero-Sugar

Speaking with BevNET at Expo East 2022 in September, Ross explained how the brand’s approach toward the market has informed its product innovation strategy, making gains with Gen Z through its recent collaboration with Chamberlain Coffee, and growing the brand in mainstream vs. natural channels.

Picnic Brunch Canned Cocktails Launch in Florida

NEW YORK, N.Y. — Picnic Brunch, the country’s only brunch-focused beverage company, has partnered with Breakthru Beverage to bring their exclusive line of canned brunch cocktails to stores across Florida.…

Misunderstood Whiskey Co. Launches America’s First Hard Oat Nog

The limited release, which uses Misunderstood’s Ginger Spiced Whiskey and Oat Milk as its base, will provide vegan and allergen-sensitive consumers (gluten-free, dairy-free, egg-free, nut-free) with a light, flavorful, and creamy alternative to traditional eggnog.

Bang Announces Kathy Cole As New COO

Bang Energy has named food and beverage industry veteran Kathy Cole as its new COO, responsible for overseeing the “integration of a new high-performance operations model,” according to the company. She will report to Bang founder and CEO Jack Owoc.