This week’s new product gallery reads a bit like a superhero team-up comic, thanks to a few eye-catching collaborations from C4, Alani Nu, and Gatorade. Plus, Bones Coffee takes coffee drinkers to a galaxy far, far away.
Spirits sales at restaurants and bars are mostly steady, with recent data from WSWA’s SipSource and NIQ’s CGA revealing more optimism for the year but still pointing to lower growth levels than in past years. In other happenings on-premise, March Madness was a slam dunk for bars and vodka may find more possibilities in fine dining.
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.
Soft top-line numbers overshadowed progress made in recovering from temporary distribution losses and a forthcoming move into DSD, according to Zevia’s Q1 2024 earnings report released after market close yesterday.
Don’t call it a turnaround – at least that was the attitude of Laird Superfood CEO Jason Vieth during the nutrition brand’s Q1 2024 earnings call yesterday, declaring that the “turnaround story has officially become a growth story once again.”
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.
Ketone-enhanced beverages have been slowly making their way off the supplement shelves and into functional drinks sets positioning as energy, non-alcoholic alternatives and mental clarity options.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Paul Beaupre, the founder of BoPray Consulting, who shared his thoughts, questions and feedback with the participants.
Campari remains optimistic about its 2024 performance despite a lag in sales, as it joins other spirits suppliers facing a downward period after pandemic-boosted growth.
Speaking to investors and analysts on an earnings call this morning, Celsius CEO John Fieldly noted that first quarter revenue was negatively impacted by inventory movements by the brand’s “largest customer,” which was beyond the company’s control, and warned that future inventory fluctuations are expected to occur through subsequent quarters.
With summer quickly approaching, we’re rounding up the newest ready-to-drink cocktail releases. In this gallery, major players like On The Rocks, Jim Beam and Dogfish Head drop new flavors, High Noon makes its first foray into hard tea and Crystal Head capitalizes on the Espresso Martini craze.
Chamberlain Coffee founder Emma Chamberlain and CEO Christopher Gallant join us for a conversation about the brand’s growth strategy and why its identity is anchored by love and modernity. We also unpack Albertsons’ merchandising strategy with Buster Houston, its VP of national merchandising.
With changing demographics and drinking habits, and as inflation and desire for convenience shifts shopping patterns, suppliers should view ready-to-drink (RTD) offerings as a unique mega category, according to a new report from NIQ.
Los Angeles-based private equity firm Butterfly is restructuring Bolthouse Farms, separating its produce segment from its fresh juice and salad dressing business.
