Jones Soda Co. reported a 10 percent decrease in year-over-year revenue in the second quarter in an earnings call with investors yesterday. During the call, Jones CEO Jennifer Cue discussed hemp and CBD company Heavenly Rx’s recent investment and the company’s plans for the development of a CBD-infused beverage line.
Steve Gress joins Jones Soda as executive vice president of U.S. sales; IZZE co-founder becomes advisor at Top Note Tonics; John Blackington enters hemp-infused market with role at Rocky Mountain High Brands; Former Coke, Juicero VP joins Koia
Even in an era of craft beverages and high demand for natural products, convenience stores remain a stalwart channel for grab-and-go simplicity. And while sugary sodas and 99-cent iced teas still dominate c-store coolers, premium brands are beginning to make inroads. With the presence of several such companies at NACS 2017, brands that made their name in the natural channel now have the corner shop in their targets.
For the first quarter of 2017, the Company reported revenue of $3.5 million, compared to the prior year’s first quarter revenue of $4.3 million. The Company reported a net loss for the first quarter of 2017 of $197,000 or ($0.00) per share, compared to a net income of $49,000 or $0.00 per share, for the first quarter of 2016.
Jones Soda Co., a leader in the premium soda category and known for its unique branding and innovative marketing, today announced that Green Apple Cane Sugar Soda will be available as part of the BIG GULP program at approximately 400 Pacific Northwest 7-Eleven locations.
The pack will be available at select Sam’s Club locations in Arkansas, Colorado, Connecticut, Georgia, Kentucky, Massachusetts, Maine, Michigan, Mississippi, New Hampshire, Ohio, Texas, Utah, Oklahoma, Kansas and Virginia.
7-Eleven, the largest convenience store chain in the U.S., has tapped craft soda company Jones Soda to create a co-branded line of soft drinks. The new “7-Select brand premium sodas crafted by Jones” will be in 7-Eleven stores across the U.S. by March, according to Jones Soda CEO Jennifer Cue.
Jones Birthday Cake Soda will be available throughout 2016 at select Jones Soda accounts, including regional outlets such as Fresh Thyme in the Midwest and QuickTrips in Arizona, and nationally in Cost Plus World Market starting in February.