PepsiCo: U.S. Bev Volumes Drop As Uncertainty Looms
PepsiCo lowered its full-year earnings forecast this morning, citing declining consumer confidence and tariff-induced increases in supply chain costs as major hurdles to growth.
Martín Caballero
Managing Editor, BevNET
Martín writes news articles and feature stories covering the non-alcoholic beverage industry for BevNET. A graduate of Boston University, Martín's previous work has appeared in USA Today, The Boston Globe and The Boston Herald.
Posts by Martín Caballero
Daily Briefing (Insiders Only): No/Low Beverages Go On Tour
This is one case where drinking and driving kind of go together. With its third edition kicking off in Denver last month, the No/Low Tour, presented by for-profit industry group Focus on Health, aims to spread education, awareness and best practices for the red-hot adult non-alcoholic (ANA) and low-alcohol space.
Mateína Moves Away From Sugar As RTDs Take Focus; “It’s A Big Advantage”
Canadian brand Mateína is rolling out a complete revamp of its 12 oz. ready-to-drink line launched last year that drops all sugar, a move founder/CEO Nicolas Beaupré believes can create true separation in the yerba mate category.
Levia Seltzer Co-Founder to Lead New Infused Bev Firm
Levia Seltzer co-founder Troy Brosnan is joining Rhode Island-based cannabis and hemp processor Monarch Emulsions to launch Monarch Beverage, a vertically integrated turnkey service provider.
Sweet Deal: No Cap! Partners With Candy Maker Albanese
Upstart soda brand No Cap has signed an exclusive licensing agreement with family-owned candy maker Albanese Confectionary Group to bring that company’s popular gummy flavors to its lineup of zero-sugar modern sodas.
Daily Briefing (Insiders Only): OWYN’s Protein Maxes Out, Atkins Drops
Rising interest in protein drinks, coupled with new innovation, helped Quest and OWYN (Only What You Need) offset the faltering Atkins brand for parent company The Simply Good Foods Company (SGFC) during the second quarter.
Daily Briefing (Insiders Only): Soft Drinks For Hard Times?
As the tariff-induced economic deep-freeze kicks in, could soft drinks be a warm place to hide out the storm? Admittedly, your humble Daily Briefing is hardly a stock market prognosticator, but today we dive into details from Jefferies analysts who cited CSDs as relatively stable ground within a market rocked by President Trump’s new tariff policies.
SunnyD Maker Harvest Hill Acquired by Castillo Hermanos
Harvest Hill Beverage Company, best known as the maker of kids drink brands SunnyD and Juicy Juice, has agreed terms for its acquisition by Guatemalan business group Castillo Hermanos, in partnership with private investment firm Centerview Capital.
Calypso Acquires Mela Watermelon Water
King Juice, the parent company of Calypso Lemonades, is expanding its beverage portfolio with the acquisition of plant-based hydration brand Mela Water, producers of a premium watermelon water in cans.
Nutcracker: Could Costco Cut $90M From Vita Coco?
Attempting to separate fact from fiction in a short seller report is a dangerous pastime, no doubt. Last week’s NINGI Research report on Vita Coco does all but light the final match after dousing the coconut water company in flammable rhetoric, concluding after an incendiary 20 pages that “we don’t see why anyone should bet on this horse.”
Checking In: Squier’s Seeks to Marry Craft, Convenience with New RTDs
That’s still an ambition over the long term, said Squier in an interview last month, with the forthcoming launch of a new four-SKU line of hemp THC-infused seltzers reflecting how the brand is responding and adapting to practical consumer demands — while trying to adhere to its craft-forward approach.
Data: Pricing Produces Sales Pick-Up
Non-alcoholic beverage sales were up 4.8% in the four-week period ended March 8, during which volume grew 2% and pricing gained 2.8%, according to an analysis of NielsenIQ data by Goldman Sachs.
Poppi Reaches $8.9M Settlement Over Gut Health Claims
As Pepsi closes the deal on its $1.65 billion acquisition of Poppi (VNGR Beverages), the prebiotic soda maker may be nearing another deal, this one with a class action group of consumers alleging they were misled by the drink’s gut-health claims.
Bloom Expands in RTD with Prebiotic Soda Launch This Fall
Bloom Nutrition – and by extension, Keurig Dr Pepper (KDP) – is entering the red-hot “modern soda” category with Bloom Pop, a shelf-stable prebiotic soda set to launch at Walmart on Labor Day.