Rising costs and inflation pressures have softened PepsiCo’s full-year guidance for 2022 below analysts’ predictions, even as the company beat revenue expectations in its Q4 2021 earnings report, released this morning.

A rebound in the away-from-home business helped The Coca-Cola Company to beat analysts’ revenue projections for Q4 2021, even as lingering supply chain questions means an asynchronous recovery.

The U.K.-based sparkling water company had shuttered its business in Great Britain last year in order to focus on growing in the U.S., but the brand’s website is no longer accepting orders at this time.

Nestlé’s San Pellegrino is making a new marketing push by signing actor Stanley Tucci to a multi-year contract as its new ambassador and the star of an ad campaign kicking off this fall.

After establishing a presence in oat milk over the last three years, Chobani is seeking to build on the other side of the divide with the national launch of two new refrigerated dairy platforms this month: Ultra Filtered Milk and Half & Half.

Austrian beverage brand Waterdrop has closed a $70 million Series B funding round led by private equity firm Temasek, the company announced this morning.

Encouraged by improved gross margins and optimized production efficiencies, premium water brand Flow Beverage Corp. has raised its FY2022 net revenue target for branded products by up to 55%, according to financial results released by the company today.

Upstart sports drink brand BioSteel has announced a U.S. retail expansion that will see the brand enter nearly 15,000 new locations nationwide across grocery, convenience and drug chains this year.

Two years after its launch, prebiotic soda line Vina is rolling out a new brand identity and formulation that leans into flavor, the company announced today.