Oatly is pushing to simplify and streamline its operations after a disappointing quarterly earnings report saw the Swedish oat product maker slash its 2023 revenue forecast range from 23% to 28% to a dire 7% to 12%.
Reports and CPG roundups from the Pacific Northwest regions of both the U.S. and Canada, the controversy surrounding children and caffeine and whether honey truffle could be a gamechanger for the food and beverage industry.
In this week’s new products roundup, AdvoCare creates a new way for consumers to enjoy kombucha on the go, Blue Bottle teams up with singer/songwriter The Weeknd and CBD-infused soda maker Mary Jones launches its first crossover flavor release with Jones Soda Co.
The current national farm bill, a once-every-five-year piece of legislation that includes a hodgepodge of agricultural and nutrition policy, is set to expire at the end of September. Jason Meyer, executive director of the White Oak Initiative (WOI), is hoping the legislators working on the new bill are bourbon drinkers.
According to a letter to distributors viewed by BevNET and Brewbound, Tony Short, CEO of Monster-owned beer maker CANarchy Craft Brewery Collective, confirmed previous reports that The Coca-Cola Company has begun the process of onboarding Bang within its national red-truck distribution system, marking the brand’s second go-round with one of the country’s largest beverage suppliers.
Keurig Dr Pepper (KDP) raised its full year net sales outlook from 5% to 6% growth following a strong Q2 performance in its quarterly earnings report this morning.
Kombucha already has a hill to climb in winning over the tastebuds of many adult consumers – why make things any harder by targeting kids? Ask Tim Tam Tummy, a new brand offering a take on the traditional functional beverage, aimed at the pint-sized consumer group.
Kombucha company Better Booch launched Cha, a 4-SKU line of prebiotic, sparkling teas, that capitalize on the growing market for gut-healthy beverages with functional benefits.
Scheduled to launch online August 2, the 38th anniversary of the Delta Air Lines Flight 191 crash he survived, Lucky F*ck is a line of functional, zero sugar energy drinks made with Maca, Beta-Alanine, and 200 mg of caffeine per 19.2 oz. cans.
Campari reported 14% organic growth in the first half of the year— boosted by aperitifs, premium bourbon and tequila— but margins were affected by cost inflation.
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.
A new report reveals what brands are dominating menus at the country’s most influential cocktail bars.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Rebecca Bernard, the founder of Empire City Brand Builders, who shared her thoughts, questions and feedback with the participants.
Non-alcoholic beverage sales picked up in the two-week period ending July 15, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research. Retail dollar sales grew 10.1% year-over-year for the two-weeks, compared to 8.2% in the four-week period and 8.5% for the 12-weeks, according to the report.
