PepsiCo: Food Sales Weigh Down Q3 Earnings
PepsiCo announced slow food brand sales dragged down its Q3 earnings as “business disruptions” internationally lowered its organic revenue growth outlook.
Lukas Southard
Senior Reporter, BevNET & NOSH
Lukas Southard is a Reporter covering the food and beverage industries across BevNET and NOSH.
Posts by Lukas Southard
Betting On Breast Milk: Is Lactoferrin CPG’s Newest Functional Ingredient Obsession?
Bioactive protein lactoferrin used in supplements and infant formula is usually derived from cow’s milk but a number of precision fermentation companies are using innovative processes to create a less expensive and more sustainably sourced ingredient.
Barcode Posts Up New NBA Partnerships
Sports drink maker Barcode is now the official performance drink of both the San Antonio Spurs and the Miami Heat with five-year deals granting the brand marketing in-arena as well as additional distribution opportunities.
Another Round? How Adult NA Retailers Keep Customers Coming Back
Adult non-alc retailers are responding to growing demand and increased competition by focusing on experiential and community building retail strategies to keep consumers coming back for more.
Lucky Energy Closes $11M Funding Round
Lucky Energy (formerly Lucky F*ck Energy) has closed an oversubscribed Series A netting $11.75 million in a round led by Brand Foundry with additional capital from Imaginary Ventures, Sapphire Sport and Sugar Capital.
Low-ABV Brands Aim To Prove They’re More Than ‘Diet’ Wine
Low-ABV wine is trying to thread the needle between non-alc and moderating consumers by offering a product that assuages the health concerns of alcohol consumption while maintaining the flavor and experience of traditional wine.
Working It Out: Will THC Infused Sports Drinks Improve Category Performance?
After a lackluster adoption in the early 2020s, a second wave of CBD-infused hydration and sports drinks is building a new consumer base alongside the successful adoption of low-dose, hemp-derived cannabis beverages.
What’s Next For Hemp-Derived THC After California’s Emergency Action?
Hemp-derived cannabis companies face an uncertain path forward as they navigate an increasingly difficult climate for retail distribution as states like California restrict what can be sold and where.
CA Closing Door On Hemp-Derived THC Products
Citing concerns over public health, California's Governor Gavin Newsom proposed on Friday an emergency regulation that will heavily restrict “intoxicating hemp products.”
Tasting Trees: Seedlip Founder Unveils NA Distillation Project
Seedlip founder Ben Branson unveiled his first product from Sylva Labs, his new non-alcoholic dark spirits distillation project.
Foxtrot Prepares For Its Second Act
As Foxtrot Café & Market prepares for its return, the retailer is leaning into its coffeeshop aesthetic while CPG brands weigh whether they want to partner again.
Amidst Non-Alc Surge, Why Is Wine Struggling To Gain Momentum?
The non-alcoholic alternative movement continues to build momentum but alcohol-removed wine is struggling to keep up as sourcing, production and a higher price point hinder broad consumer appeal.
A Drink With… Little Saints’ Megan Klein
Little Saints founder and CEO Megan Klein talked with BevNET about the existential challenges of operating a NA brand, learning its customers' needs and the strength of being digitally native as the brands grows.
Jones Soda: ‘Momentum Is Building’ With Innovation-Packed Q2 Earnings
Jones Soda Co. increased revenue in Q2 on the back of a number of new product launches and partnerships across the beverage industry, even as immediate net losses widened.