Headlines

Vita Coco: Double-Digit Volume Sales Fuels Q1 Growth

Double-digit volume growth for its flagship coconut water line propelled The Vita Coco Company’s Q1 2023 net sales +14% year-over-year to around $110 million, according to the company’s earnings report this week.

Aperitifs and Tequila Boosts Q1 Earnings for Campari Group

Italian spirits group Campari reported 19.6% organic growth in its first quarter, and expects growth — fueled by aperitifs and tequilas— to hold up in the U.S., the company reported during its Q1 earnings presentation yesterday.

Del Maguey Mezcal Recalls Its Signature Swag

Leading mezcal brand, Del Maguey, has issued a recall for its promotional ceramicware cups called 'copitas' because they may exceed FDA guidance levels for leachable lead, the company announced Monday.

Ocean Spray and Absolut to Launch Vodka-Cranberry RTD

From the land of Cran-Grape comes… Cran-Vodka? Absolut and Ocean Spray are teaming up to launch Vodka-Cranberry Range, a ready-to-drink (RTD) line coming early 2024, a press release announced today.

Taste Radio: Be More Patient To Be Less Wrong. It’s A Hella Good Strategy.

Eddie Simeon, the co-founder of fast-growing mixer, bitters and soda brand Hella Cocktail Co., spoke about how the company has consistently pursued a thoughtful, and occasionally unorthodox, growth strategy that prioritizes strong unit economics and profitability, the synergistic relationship with its primary investor and how Hella’s three-founder team has been the backbone of its success.

May 2023: Sign Up For This Month’s Community Calls

Community Call is a recurring series of open meetings dedicated to pressing topics impacting food and beverage businesses. This month, we welcome a range of guests covering topics such as current hiring trends, using social media to drive sales, how to scale your sales team, and avoiding deduction surprises.