Despite a “dynamic operating environment,” Oatly CEO Jean-Christophe Flatin claims the company remains on track to deliver its first full year of profitable growth since going public in 2021.
Chobani is investing $1.2 billion in a new dairy processing plant in Rome, New York, amidst accelerated growth.
Clean ingredient energy drink maker Lucky Energy has secured a new tranche of growth capital as it looks to double down in key markets while broadening its team.
Despite announcing a double-digit decline in Q4 net sales on Wednesday, soda maker Reed’s expressed confidence that its de-levered balanced sheet and enhanced financial flexibility will help it return to growth in 2025.
Millie Bobby Brown’s Florence By Mills Coffee is making its brick-and-mortar retail debut at select Walmart stores nationwide with dairy milk lattes, the brand’s first ready-to-drink offering.
KDP reported today a 5.2% year-over-year net sales increase to $4.1 billion in Q4, driven by segment growth in U.S. refreshment beverages and international markets despite dragging from an ongoing decline in U.S. coffee sales.
Celsius is riding high after posting a record $1.36 billion full-year 2024 revenue and announcing its acquisition of Alani Nu in its earnings report yesterday, but it also revealed some challenges in recent months.
The energy drink market just got a little smaller, as Celsius Holdings announced today it has agreed to acquire competitor Alani Nu for $1.8 billion, comprising a mix of cash and stock.
Actor and singer Hailee Steinfeld is the latest celebrity seeking to make a splash in the RTD cocktail space, announcing today the launch of Angel Margarita in partnership with Jordi Zindel and Rodrigo Hernandez of Premium Beers Group.
Seeking to take a bigger bite swig out of the U.S. beverage industry, global flavor and fragrance solutions provider Symrise announced in December the relaunch of its beverage incubator under the new bWorks brand name, pivoting to focus overall on packaged beverage development for companies of all sizes.
PepsiCo will spend the year ahead restoring consumer demand for snacks and drinks in North America after facing revenue declines in Q4 2024, CEO Ramon Laguarta said in an earnings report today.
Pinhook Bourbon has pulled in $10.5 million from undisclosed private equity and family office investors to support the expansion of its sales and marketing teams and strengthen consumer engagement through experiential marketing.
Brown-Forman, the leading exporter of U.S. spirits to the world, announced today plans to cut 12% of its global workforce of 5,400 employees, seeking to position the company for future…
Despite strong order demand from its retail partners, ginger beer producer Reed’s saw sales and profit declines in Q3 due to “repetitive” production limitations and short shipments, according to the company’s latest earnings report.
