News

Celsius: Q1 Revenue Jumps 37% as Gross Profit Hits New Company Record

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.

Spirits: New RTD Cocktail Releases From OTR, Dogfish Head, Jim Beam & More

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.

Taste Radio: What Keeps Emma Chamberlain Up At Night? It’s Not The Coffee.

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.

Golf Brand Bob Does Sports Swings into RTDs with Help From BevAlc Influencer Accelerator

The vast majority of shoppers (82%) can’t match influencers to the brands they own, according to a new report from Numerator— but that’s not discouraging influencer or celebrity brands from trying. One BevAlc company, co-helmed by the founder of hydration drink brand Roar Organics, is even building its business model around quickly bringing influencer brands to market.

Monster: Net Sales Up Double-Digits in Q1

Monster Beverage Corporation reported double-digit net sales growth in Q1 2024, rising +11.8% to over $1.9 billion, according to the energy drink manufacturer’s latest earnings report this week.

Taste Radio: Walmart Is Getting ‘Better.’ But Will Brands Benefit?

When the world’s largest retailer launches a private label brand of better-for-you and affordable food and beverage staples, it stands to reason that their customers will benefit. But how will Walmart's new bettergoods brand impact its existing CPG suppliers? The Taste Radio crew weighs in.