PepsiCo: Revenue Momentum Continues in Q3
PepsiCo beat analysts’ expectations in posting 4.3% organic sales growth in the third quarter of this year, according to financial results released by the company on Thursday.
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
Celsius Adds BCAA Line, Acquires Distributor
Fitness energy drink brand Celsius is entering the final months of 2019 with a flurry of activity, including introducing a new recovery beverage, launching a nationwide marketing tour and acquiring one of its European distributors.
Coke Energy Set for U.S. Launch in January
The Coca Cola Company today announced January 2020 as the U.S. launch date for its first energy drink, Coca Cola Energy.
Reed’s: Stalowir Exits, Bello Steps in as Interim CEO
Carbonated soft drink maker Reed’s Inc. today announced the appointment of John Bello, the company’s current chairman of the board, as interim CEO following the sudden departure of Val Stalowir, according to a press release.
B’More Organic Shuts Down
The Baltimore-based brand, launched in 2011, marketed a line of drinkable skyr -- a traditional protein-rich Icelandic yogurt -- in six flavors: banana, strawberry, mango banana, caffe latte, vanilla and coconut. A certified B Corporation, the brand donated 1% of sales to Jodi’s Climb for Hope, which raises money for breast cancer and MS research.
Califia Farms Launches Oat Milk Lattes
Califia Farms is making the jump into shelf-stable beverages with the launch of a four-SKU line of nitrogen-infused cold brew lattes made with oat milk, a move that will facilitate expansion into e-commerce and convenience channels.
Expo East 2019 News Recap Pt. 2: Innovations in Kombucha, Novamax Consolidates Portfolio
In the the second news recap from Natural Products Expo East 2019, we examine a continuing migration towards can packaging for kombucha, a growing presence for sleep aids, and portfolio consolidation at Novamax.
Wells Fargo: Modest All-Channel Gains Over Labor Day
Non-alcoholic beverages enjoyed a decent end to the summer season, as carbonated soft drinks (CSDs), energy drinks, water and several other key categories reported increases in dollar sales and volume, according to a Wells Fargo Securities analysis of Neilsen all-channel data.
Iris Nova Announces First Brands in Investment, Distribution Portfolio
Functional beverage company Iris Nova has announced the first four beverage brands to be featured on the company’s “c-commerce” platform, which allows customers to order via text message and receive product within two days. The company has also taken an equity stake in each of the brands.
Expo East 2019 Recap Pt. 1: Honest Tea Embraces Cold Brew, Mood33 Targets Mainstream
At Natural Products Expo East 2019, BevNET’s editorial team saw established brands tackle new innovations and new strategies, including Honest Tea’s take on cold brew coffee, Mood33’s new CBD line, DrinkSimple exploring growth through B2B partnerships, and a reshuffling of Great Point Brands’ product portfolio.
Coors Distributing Co. Adds Distribution of CBD-Infused Beverages in Denver
Coors Distributing Co. is taking a step into the growing CBD-infused beverage category, announcing Friday that it will begin distributing products from Colorado’s Best Drinks and DRAM Apothecary.
La Colombe, MillerCoors Team Up for Low-Alc Cold Brew
La Colombe Coffee Roasters has teamed with MillerCoors on a new low-alcohol, cold-brew coffee line that will be tested in select U.S. cities later this month.
AQUAhydrate Acquired by The Alkaline Water Co.
The Alkaline Water Company Inc. announced today it has entered a definitive agreement to acquire premium water brand AQUAhydrate in a stock-only transaction.
Buoyed by Branding, Snowing in Space Builds Back End
While it doesn’t offer brews infused with CBD or blended with plant milks, Virginia-based Snowing in Space has instead focused on more practical concerns: scaling production and distribution operations, including moving from its current 4,000 square foot home into a new 10,000 square foot facility this fall.