Data: Non-Alc Beverage Sales Remain ‘Healthy But Decelerated’
Non-alcoholic beverage sales remained “healthy but decelerated” in the two-week period ending September 23, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
Shauna Golden
Posts by Shauna Golden
TikTok Shop 101: What the App’s Newest Feature Means for CPG
Although users may primarily flock to TikTok to jump on the latest dance trends, the short video social media platform is seeking to become one of American consumers’ go-to ecommerce destinations with the launch of TikTok Shop.
Laird: “Unsteady” Progress in Turnaround, Q2 Net Loss at $3.5M
Laird Superfood reported a net loss of $3.5 million during its second quarter as it continues its long-term turnaround effort, a process CEO Jason Vieth described to investors as “by nature an unsteady progression.”
Judge Dismisses RISE Brewing’s Trademark Suit Against PepsiCo’s MTN DEW Rise Energy
A New York federal judge yesterday dismissed a years-long trademark suit from nitro cold brew maker RISE Brewing Co. accusing PepsiCo of using a “confusingly similar” name for its MTN DEW Rise morning energy drink.
Coke: Full-Year Outlook Raised As Q2 Earnings Surpass Forecasts
The Coca-Cola Company surpassed analyst forecasts in its Q2 2023 earnings report today, announcing 6% net revenue growth in the quarter ending June 30.
Hola, Bandida: Horchata Cold Brew Brand Joins Gordon Ramsay’s Food Stars
While ramping up commercialization efforts, horchata cold brew brand Bandida has joined Gordon Ramsay’s new competition reality series, Food Stars, vying for the chance to receive a $250,000 investment from the celebrity chef.
To the Locker Room and Beyond: Adapt SuperWater Announces New Innovations, Seeks to Scale Distribution
After putting business on pause during 2020 due to the pandemic, hemp-infused superfood beverage brand Adapt SuperWater is seeking to become a staple in professional sports team locker rooms while introducing new product innovations.
NielsenIQ: Non-Alc Beverage Sales Accelerate Sequentially as Volumes Improve
Non-alcoholic beverage sales accelerated in the two-week period ending April 8, bolstered by improved volumes in conjunction with a slight moderation in pricing, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
NielsenIQ: Non-Alc Sales Remain Robust Despite Deceleration Driven By Softer Pricing
Non-alcoholic beverage retail sales “remained robust” but decelerated sequentially in the two-week period ending March 25, driven by softer pricing, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
Black Rifle: Net Revenue +30% in Q4, Though 2023 Outlook Softens
Off the back of announcing an over 30% year-over-year increase in net revenue in Q4, veteran-owned coffee company Black Rifle outlined its “deliberate” growth strategy primarily focused on RTDs and the Food, Drug and Mass (FDM) market.
Monster Seeks Additional $167M in False Advertising Suit Against Bang
Monster Energy Co. has filed a motion in a California federal court seeking an additional $167 million in its false advertising suit against Bang producer Vital Pharmaceuticals (VPX) on top of its $293 million jury verdict awarded earlier this year.
Wheels Up: RTD Cocktails Take to the Skies with Major U.S. Airlines
As travel demand remains high despite inflationary pressures, many major U.S. airlines are capitalizing on the rapid growth of the RTD cocktail category through partnerships with emerging brands to diversify their in-flight offerings.
hellowater Unveils Refreshed Visual Identity, Places Focus on the Consumer
Functional beverage maker hellowater is looking to fuel its next growth phase starting with a refreshed visual identity intended to grow its consumer audience.
GURU Reports -3.7% Revenue Drop in FY2022, Shifts Focus to Sales Velocity
Canadian energy drink maker Guru Organic Energy Corp. reported a full-year net revenue of CAD$29.1 million, down 3.7% from CAD$30.2 million in 2021, and announced plans to shift its primary focus from brand awareness to sales velocity in the upcoming fiscal year.