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Exclusive: Louis Navellier Says PepsiCo 'Raising Guidance Helped The Entire Market'
Tuesday, July 12, 2022 - 4:51pm | 957Benzinga's Money Mitch had the opportunity to catch up with Navellier & Associates founder and Chief Investment Officer Louis Navellier on Benzinga’s Stock Market Movers today. Navellier, who is routinely on Bloomberg, Fox News and CNBC, was on to speak about...
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Wynk THC & CBD Infused Seltzers Available In Michigan Via Deal With Ascend Wellness
Tuesday, March 22, 2022 - 8:45am | 227Wynk THC & Seltzer has announced availability throughout Michigan, via deal with Ascend Wellness Holdings (CSE: AAWH.U) (OTCQX: AAWH). Through an exclusive partnership with Ascend, Wynk’s microdose products will be available to recreational and medical consumers in Michigan, Beniznga...
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Kona Gold Beats Revenue Projections, Rebranded Hemp Energy Drink To Debut In Q2
Tuesday, March 8, 2022 - 11:13am | 475Kona Gold Beverage, Inc. (OTCQB: KGKG) announced that it has beat its February revenue projections. The company forecasted $325,000 in revenue for February and closed out the month with approximately $345,000 in revenue between its two subsidiaries, Kona Gold LLC and Gold Leaf Distribution...
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Who's Buying All That Weed? Headset Has The Details
Wednesday, February 9, 2022 - 6:33pm | 480Headset, the leading provider of data and analytics to the cannabis industry, recently released its data on cannabis consumer trends and demographics for 2021 within the US and Canada. As new markets enter into the industry, brands emerge and consolidate and as other global factors...
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Canopy Growth's Ace Valley Brand Launches New Cannabis Beverages & CBD Hard Candies
Thursday, February 3, 2022 - 9:29am | 383Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) extended its Ace Valley brand portfolio, bringing two new beverages and hard candy to market. Marking the brand's first-ever beverage offerings, Daylight and Moonwave are occasion-based ready-to-drink THC and CBD-infused drinks designed...
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Chart Wars: Coca-Cola Or PepsiCo — Which Stock Could Retrace Further?
Monday, January 24, 2022 - 5:16pm | 682Coca-Cola Co (NYSE: KO) and PepsiCo, Inc. (NASDAQ: PEP) destroyed their solid uptrends on Monday by falling almost 3% each intraday. Coca-Cola fell below its Jan. 11 higher low printed at the $59.84 level while Pepsico retraced below its most recent higher low of $173.15 created on Jan. 18. When...
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Halo Collective Expands Into Functional Drinks Via H2C Beverages Acquisition & $30M Deal With Elegance Brands
Wednesday, January 12, 2022 - 1:37pm | 680Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) announced Wednesday that it is strategically expanding into the functional beverage market with a proposed stock-based acquisition of a private company operating as H2C Beverages and is entering into a distribution and manufacturing agreement...
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Beverage Distributor Takes Control Of Freight With TMS, Saving Time By 87%
Tuesday, August 3, 2021 - 11:55am | 1245For Idaho's largest and fastest-growing beverage distributor, the pandemic exacerbated its perennial supply chain issues: shortages of drivers, cans, pallets and ingredients. This suddenly caused a lack of control over inventory and freight management. "Last year, we were really struggling with...
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Starbucks Says 25% Of All Q3 Milk-Based Beverage Sales Came From Dairy Alternatives
Wednesday, July 28, 2021 - 2:28am | 414Coffee chain Starbucks Corp. (NASDAQ: SBUX) said that 25% of its milk-related beverage sales in the U.S. came from alternative dairy offerings in the quarter ending June 30. What Happened: Starbucks made the disclosure while announcing its third-quarter results on Tuesday. The company noted that...
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PepsiCo CFO Hugh Johnston Says Company Is Taking Market Share From Competitors
Tuesday, July 13, 2021 - 11:11am | 239PepsiCo Inc (NASDAQ: PEP) Vice-Chairman and CFO Hugh Johnston discussed the company's financial results Tuesday on CNBC's "Squawk Box." What Happened: PepsiCo reported quarterly earnings of $1.72 per share, which beat the estimate of $1.53 per share. The company reported quarterly...
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Jim Cramer Cheers Boston Beer Company And Truly
Friday, April 23, 2021 - 11:47am | 237Boston Beer Company Inc (NYSE: SAM) has done a great job taking market share in the hard seltzer category, Jim Cramer said Friday on CNBC's "Squawk On The Street." What Happened: Boston Beer reported first-quarter earnings on Thursday that exceeded expectations. The...
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Peeps and Pepsi: The Flavor Combination You Never Thought Would Happen Is Here
Friday, March 26, 2021 - 10:50am | 381PepsiCo, Inc. (NYSE: PEP) announced Thursday a collaboration with Peeps to launch a new beverage that combines the refreshing taste of Pepsi with the familiar flavor of Peeps marshmallows. What Happened: PepsiCo's marketing will instantly stand out as the beverage will be...
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JPMorgan's Beverage Pair Trade: Buy Keurig Dr Pepper, Sell Molson Coors
Friday, March 19, 2021 - 12:47pm | 426JPMorgan analysts revised their stance on the beverage sector and presented a new pair trade of assuming a bullish stance on Keurig Dr Pepper Inc (NYSE: KDP) and a bearish stance on Molson Coors Beverage Co (NYSE: TAP). The Analyst: Andrea Teixeira upgraded Keurig Dr Pepper's stock from...
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Anheuser Busch's CEO On Hard Seltzer: 'Gift For The Beer Industry'
Thursday, March 18, 2021 - 9:34am | 384Seltzer is among the fastest-growing categories within the beer, spirits and wine category and should continue growing at a double-digit pace in 2021, Anheuser Busch Inbev SA (NYSE: BUD) CEO Michel Doukeris said Wednesday on CNBC's "Closing Bell." What Happened: Ab-InBev launched...
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LeBron James Teams With PepsiCo To Launch 'A New Kind' Of Energy Drink
Wednesday, March 17, 2021 - 12:26pm | 298Beverage giant PepsiCo, Inc. (NASDAQ: PEP) announced Wednesday morning a partnership with NBA superstar LeBron James to launch a "new kind" of energy drink. What Happened: PepsiCo's new energy beverage will be marketed under the Mountain Dew brand. Designed to offer a mental boost and...