DPS: Volume, Revenue Increase in Q1
Dr Pepper Snapple (DPS) saw net income decline and revenue increase during the first quarter of 2018, according to a Form 10-Q filed with the Securities and Exchange Commission (SEC) this morning.
Dr Pepper Snapple (DPS) saw net income decline and revenue increase during the first quarter of 2018, according to a Form 10-Q filed with the Securities and Exchange Commission (SEC) this morning.
Respectable growth from The Coca-Cola Company and Monster Energy Corp. helped non-alcoholic beverage sales in C-stores rise 3.4 percent in Q1 despite poor weather, according to a survey of over 15,000 retailers conducted by Wells Fargo Securities.
As kombucha continues to penetrate mainstream retailers, brewers are exploring new ways to capture a larger share of the expanding set and create differentiation within it. Following the example of craft beer, they are increasingly looking to cans as a way to realize kombucha’s full potential.
Clean Cause — which markets a natural energy drink line, a premium water and a ready-to-drink sparkling yerba mate beverage — is helping individuals struggling with substance abuse addiction begin the process of rebuilding their lives after completing a rehabilitation program.
After enjoying strong performance in conventional and mass retailers in a Tetra Pak, coconut water brand Vita Coco aims to use a new PET bottle as a springboard for continued growth in the convenience channel.
As Boston-based operation Night Shift Distributing prepares to expand its portfolio to include products from seven non-beer beverage brands, the company is looking ahead to the long term prospects for a secondary business that has developed into a substantial operation.
Functional beverage company Core Nutrition, LLC has raised almost $39 million in funding over the past 12 months, according to documents filed with the U.S. Securities and Exchange Commission (SEC).
Roar Organic, a four-SKU line of coconut water-based electrolyte infusions, has found room to develop in the white space between traditional isotonic sports drinks and premium functional drinks, such as alkaline water and kombucha.
The joint partnership between Buena Park, Calif.-based True Fresh and Edison, N.J.-based NutriFresh, announced last week, will make the combined entity the largest HPP tolling enterprise in North America, according to a press release.
La Colombe, a premium coffee manufacturer and retailer, has retained the services of Boston-based investment bank Moelis & Company to explore a capital raise at a valuation of over $1 billion.
Los Angeles-based startup 82 Labs, maker of a hangover detox shot called Morning Recovery, closed a $8.2 million round of fundraising at a $33 million valuation.
Jones Soda Co. announced the close of $2.8 million in financing on Tuesday, bringing some positive news for the company following a disappointing end to fiscal year 2017.
Following its foray into the keg business, Asbury Park, N.J.-based Nitro Beverage Co. will make the leap into cans next month with the release of a three-SKU line of nitrogen-infused organic cold brew coffee.
Despite its limited commercial exposure thus far, a handful of hydrogen water brands are taking different approaches as they seek to stake their respective claims on this emerging category.