Analysts from Goldman Sachs Equity Research were overwhelmingly positive about Keurig Dr Pepper’s (KDP) long term growth potential following the company’s Investor Day webcast last week. In an analysis of the webcast, Goldman Sachs said the company’s “upbeat outlook delivered on our expectations” to accelerate topline growth and increase earnings.
The Cheers to Giving campaign aims to celebrate non-profits that make a difference in their communities by inviting the organizations and its supporters to share stories of their impact, for a chance to be selected as one of three winning non-profits to receive a $50,000 donation from Talking Rain.
Inspiro Tequila, a new ultra-premium additive-free tequila, meticulously crafted from hand-selected 100% Blue Weber Agave, has launched in the U.S.
AM-PM Coffee Bourbon has made a notable splash in the liquor industry. In the flavored whiskey category, it is coffee bourbon’s time to shine. In just a few months AM-PM has garnered attention, high demand and is expanding into 10 markets with little solicitation.
Award-winning Grand Teton Distillery announced the release of its first whiskey in a new series — Grand Teton Private Stock Straight Corn Whiskey. Grand Teton’s Private Stock Whiskies are limited release barrels that have been individually selected, proofed with pure mountain water and hand-bottled.
All channel sales remained strong and accelerated across most non-alcoholic beverage categories, increasing 14.4% year-over-year during the two-week period ending on September 25, even as volumes continue to migrate back toward on-premise, according to an analysis of Nielsen data by Goldman Sachs Equity Research.
Widow Jane Distillery announced that Decadence, the brand’s signature 10-year bourbon blended in small batches and then finished in American Oak Barrels that held Upstate New York’s Crown Maple artisan maple syrup, will return to retail shelves and back bars across the US beginning in October.
The Lost Explorer Mezcal, the multi-award-winning, sustainably crafted mezcal, reinforces its commitment to sustainability and economic growth within Oaxaca with the announcement of three impact projects supporting the UN Sustainable Development Goals (SDGs).
“David Mandell is a transformational leader in the whiskey industry, and we could not be prouder to have him join the exceptional team we are building at Stoli Group,” said Damian McKinney, Global CEO of Stoli Group. “Mandell is an innovator, trailblazer and entrepreneur with the track-record and skill set to bring Kentucky Owl Park to life.”
On October 28, that journey embarks on a new frontier with the arrival of Quest for Craft: Season One: a disquisitive new digital series exploring the convergence of craft and creativity, hosted by bestselling author, cultural icon and scholar of creativity Questlove. Watch the series trailer on YouTube.
Garrison Brothers Distillery, the first legal whiskey distillery in Texas, has released its most coveted expression, the limited-edition, highly-anticipated Cowboy Bourbon. This uncut, unfiltered, bourbon comes from barrels hand-selected by the distillery’s Master Distiller, Donnis Todd.
As temperatures begin to drop and we settle in for a festive winter season, Red Bull unveils this year’s Red Bull Winter Edition Pomegranate. This limited-time offering will hit store shelves on October 4.
Despite a “volatile supply chain and cost environment,” PepsiCo reported double-digit growth in its Q3 earnings report today, with net revenue in the quarter up 11.6%. According to the company, organic revenue was up 9% in the third quarter. Earnings per share (EPS) was $1.60, down 3%, while core EPS was $1.79 (up 5.5%).
Crisp & Crude, an Austin-based, female-owned business, is entering the canned beverage market with two collections of non-alcoholic cocktails -- Hemp + Botanical Terpenes and Botanical Terpenes -- with 20 mg of broad-spectrum hemp extract in each Hemp + Botanical Terpenes cocktail, and while the Botanical Terpenes cocktails are hemp-free they still harness the same mood-lifting benefits.
