The Vita Coco Company reported a quarterly net sales decline of 4% to $133 million in its Q3 2024 earnings presentation this morning, as year-to-date revenue stayed flat at $389 million. The company’s sales performance was impacted by inventory flow.
Jones Soda is searching for new leadership after president and CEO David Knight departed the company last week, the company announced Monday afternoon.
Don’t miss your chance to submit nominations for the BevNET Best of 2024 Awards. The deadline is this Friday, November 1st.
Earlier this month, Lemon Perfect named former Mast-Jägermeister US head Jeff Popkin as its CEO, marking the first chief executive move at the enhanced water startup since it was founded in 2017. A month into the role, Popkin says his priority is to scale a brand he believes has the ability to “go anywhere” from c-stores to golf shops.
In this week’s new products roundup, cold brew maker Stok makes its first foray into the energy drink space, V8 and Grillo’s join forces to shake up a classic brunch cocktail and Sprite spices up its portfolio with the return of a winter seasonal.
U.K.-based functional beverage maker TRIP is teaming up with consumer mental health company Calm on a new co-branded product intended to promote relaxation and mental well-being. The collaboration is timed to fuel an expansion of TRIP’s Mindful Blend collection in U.S. retailers.
Keurig Dr Pepper (KDP) today posted a 2.3% year-over-year increase in net sales to $3.89 billion in Q3, fueled by segment growth in U.S. refreshment beverages and international markets that was weighed down by a continued decline in U.S. coffee sales.
Mateína, the Canadian yerba mate maker backed by podcaster and health influencer Andrew Huberman, is looking to bring more on-the-go convenience to the energizing tea segment with the online launch of a new line of powdered Yerba Sticks this month online.
Keurig Dr Pepper has agreed terms to acquire energy drink and sports nutrition business GHOST, bringing one of the category’s fastest growing brands into its expanding energy portfolio.
Olipop is unlocking opportunities by bringing the brand to new consumers through sports sponsorships with a variety of teams from professional basketball to men's and women's soccer.
Five Springs Infused Bourbon is trying a different approach to flavored whiskey: naturally infusing bourbon with flavors like Honey Sage, Blood Orange, and Vanilla Maple with the aim of recruiting new drinkers into the category.
Chobani is putting on some muscle, in more ways than one. It may be a crowded space, but like La Colombe with coffee, Chobani believes the core proposition of its protein drinks is particularly compelling, ticking boxes for no added sugar, natural ingredients and high-quality casein protein.
Koia is going K-12 with its latest line launch, a new kid-friendly version of its protein shakes in smaller pack sizes. Koia Kids, now available online via Amazon, comes in three flavors: Chocolate Shake, Vanilla Shake and Fruity Cereal.
Blue Stripes, the brainchild of renowned chocolatier Oded Brenner, is aiming to generate brand awareness, drive sales and roll out new marketing efforts to support its whole cacao products with the support of a recent $20 million Series B funding round led by Zintinus.
