Online influencers and creators aren’t just making their own CPG brands – they’re doing it with each other. PRIME has joined forces with YouTube superstar MrBeasts’ chocolate company Feastables to introduce Lunchly, a kid-friendly meal kit positioned as a better-for-you competitor for Kraft Heinz’s Lunchables.
Craft juice company Perricone Farms is squeezing out new opportunities for expansion this week, having acquired Fort Pierce, Fla.-based Natalie’s Orchid Island Juice Company. Terms of the deal were not disclosed.
Going from coffee to coconuts, Chris Gallant has been named CEO of ZICO Rising, officially joining the resurrected coconut water brand a week after announcing his departure from influencer-founded startup Chamberlain Coffee.
Despite reporting single-digit quarterly sales declines during separate earnings calls today, both Brown-Forman and Pernod Ricard remained optimistic about their abilities to return to growth in 2025.
Lifeway Foods cited volume growth of its flagship drinkable kefir as the key driver of record sales in Q2 2024, according to the company’s latest quarterly earnings report released this morning.
Net sales and volumes were down for Zevia during Q2 reflecting a mixed recovery in on-shelf distribution by channel, including some temporary challenges in club, according to the brand’s quarterly earnings report released yesterday.
BellRing Brands – the producer of Premier Protein and Dymatize brands – reported 15.6% net sales growth to $515.4 million in its Q3 earnings report this morning as the company works to build up demand and household penetration for its shakes and powders.
Oatly saw volumes grow in all segments during Q2 and credited its shift to an asset-light supply chain model as the key driver, allowing the brand to reduce its cost structure and focus on more efficient execution, per an earnings report this morning.
Flow Beverage Corp. saw a reduction in net revenue due to the exit of unprofitable partnerships, offset by improved gross margins and operating expenses in its Q2 earnings report today.
Continuing its mission to make tea more accessible across North America, DAVIDsTEA today announced its first foray into the ready-to-drink category with a three-SKU line of sparkling cold brew teas.
Actress and experienced CPG investor Kristen Bell announced today that she has joined PLEZi, the kids drink brand co-founded by former First Lady Michelle Obama, as an investor and brand partner to grow brand awareness and accessibility.
SunOpta reported double-digit gains in both revenue growth and gross profit in its Q1 2024 earnings report released yesterday, with the plant-based milk supplier feeling “encouraged by the progress of our capacity investments,” per CEO Brian Kocher.
Black Rifle Coffee Company (BRCC) reported a robust 51% y/y wholesale growth in the Food, Drug and Mass (FDM) market, despite softening performance from its brick-and-mortar cafes.
Nutrabolt, the parent company of C4 Energy and Cellulacor, has revamped its leadership team with three new executive-level appointments.
