With January resets coming up quick, this week saw the announcement of several new products set to hit shelves at the start of the new year. Here’s a quick look at this week’s notable new launches and release announcements.
Buoyed by strong third quarter earnings results this week, Keurig Dr Pepper (KDP) has raised its 2021 net sales growth guidance from 7% to 8% for the year as the company benefits from increased consumer mobility and approaches the end of its three-year post-merger period.
The Coca-Cola Company is in the closing stages of completing its acquisition of sports drink brand BodyArmor at a valuation of around $8 billion, according to media reports.
Following Hattersley’s narrative for the company’s Q3, an analyst asked him to define what success now means for the company in the U.S. Hattersley replied that “the quality of our revenue and changing the shape of our portfolio is what is important to us now.”
The Coca-Cola Company reported “strong” double-digit revenue growth in its third quarter earnings results this week, leading to higher year-end projections as volume sales surpassed 2019 levels amid an “asynchronous” pandemic recovery.
In this week's distribution roundup: Zen Hemp Infusions expands through PFG; KeHE signs new contract with Erewhon; Alkaline88 partners with Ohi and GNC and Woke Up! Energy signs on with Mr. Checkout Distribution.
Taika, makers of RTD functional plant-based coffees, recently announced the launch of two new flavors: Matcha Latte, a permanent addition to the flavor lineup, and a Pumpkin Spice Latte that is their first limited time offering.
BevNET Live will explore two beverage giants’ changing approach to innovation and partnership with entrepreneurial brands when leaders of both The Coca-Cola Co., Inc. and Anheuser-Busch InBev join in the program.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Adam Louras, a partner with Mercenary, who will share his thoughts, questions and feedback with the participants.
Citing recent supply chain challenges, Credit Suisse lowered expectations for the company’s sales performance ahead of the release of its Q3 2021 earnings report next month. The revised coverage has decreased expected 2021 revenue for the Swedish oat milk maker from $694 million to $685 million.
Aiming to expand outside of the Midwest, Wisconsin-based craft brewery Sprecher Brewing Co. has acquired the brand portfolio of regional soda maker WIT Beverage Co. (WBC) for an undisclosed sum.
Two of the world’s leading beverage companies -- The Coca-Cola Company and PepsiCo -- were named among the world’s top plastic polluters for the fourth year in a row, according to the latest global Brand Audit report from Break Free From Plastic (BFFP), released yesterday.
Omsom co-founder/CEO Vanessa Pham spoke about the company’s vision to break long-standing barriers in the ways ethnic food is perceived and sold, and how the brand became one of the most publicized startups in recent memory. We also feature an interview with Caroline Cotto, co-founder/COO of Renewal Mill, an upcycled food brand that markets ingredients and finished products.
A|dash is a brand of cold brew coffee infused “with just A|dash of adaptogens” that is marketed as a functional beverage that offers “balance” as the core function mentioned on the label. The product line currently contains a single eponymous SKU packaged in an 8 ounce can.
