Beverages: Page 93
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Constellation Brands expands reach into craft brews with Funky Buddha buy
The acquisition, which boosts Constellation's presence in the high-end beer segment, follows its takeover of Ballast Point for nearly $1 billion in 2015.
By Christopher Doering • Aug. 14, 2017 -
Chemical in turmeric attracting interest in food and beverage use
The popular spice is already found in organic coconut milk, chocolate and other items with more products expected to include the ingredient in the coming years.
By Erika Kincaid • Aug. 10, 2017 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Could alcohol-free beer give the industry a much-needed buzz?
Specialty brews are growing increasingly popular with health-conscious consumers and those worried about the problems that can occur when drinking.
By Christopher Doering • Aug. 10, 2017 -
Monster Beverage sees strong Q2, but future growth could be slowing
The energy drink company's gross sales increased 9.8% to $1.04 billion from a year earlier, but segment and supply challenges loom on the horizon.
By Megan Poinski • Aug. 9, 2017 -
Dean Foods' earnings disappoint as grocery wars take toll
The dairy giant saw a steep drop in gross profits, net income and earnings per share over last year as milk volumes decline and retail stores invest in private labels.
By Megan Poinski • Aug. 8, 2017 -
Coke turns search for new sweetener into public contest
Coca-Cola is asking researchers outside the company to find an ingredient that mimics the flavor of sugar. The winner will take home a $1 million prize.
By Erika Kincaid • Aug. 7, 2017 -
Japan's Sapporo expands US presence with Anchor Brewing purchase
The acquisition of the craft brewer could indicate the market for the specialty beer has reached a saturation point and players need deep-pocketed partners to remain competitive.
By Erika Kincaid • Aug. 4, 2017 -
Polar Seltzer releases limited-edition mythical mystery drinks
The flavors aren't on the packaging, but what is listed is more important to consumers.
By Erika Kincaid • Aug. 3, 2017 -
Deep Dive
Controversial soda taxes foster divide among beverage industry and city officials
Philadelphia and San Francisco are among the cities targeting the popular beverage, infuriating makers of the drink who say they are being unfairly targeted.
By Keith Loria • Aug. 3, 2017 -
As consumers abandon soda, SodaStream sees revenue grow
The countertop sparkling beverage machine maker saw an earnings increase of 9.6% and a net income jump of 84% compared to a year ago.
By Megan Poinski • Aug. 2, 2017 -
Molson Coors earnings lag as craft breweries hurt sales
The world's third-largest beer maker said U.S. domestic sales-to-retailers volume dropped 1.9% from a year ago, driven by lower production in the premium light and below-premium categories.
By Christopher Doering • Aug. 2, 2017 -
Favorite snacks vary nationwide — but aren't always healthy
A study from General Mills and Box Tops for Education showed mothers prefer packing fruits and vegetables in their children's lunches, but may reach more for salty items in the summer.
By Caitlin Mannering • Aug. 1, 2017 -
Chicago-area soda tax to take effect after judge rules against retailers
The penny-per-ounce tax was on hold pending a lawsuit filed by the Illinois Retail Merchants Association, but the Friday afternoon ruling could still be appealed.
By Megan Poinski • July 31, 2017 -
Retrieved from Coca-Cola on July 31, 2017
A new formula and a new name: Coca-Cola Zero Sugar replaces Coke Zero
The new formulation of the beverage will appear on shelves in August, and has no calories, no sugar and a caffeine load comparable to its predecessor.
By Erika Kincaid • July 31, 2017 -
Boston Beer earnings are up, but sales are not
More consumers are drinking the craft brewer's Twisted Tea and Truly Spiked & Sparkling beverages, but its legacy Samuel Adams brand and Angry Orchard cider are lagging.
By Megan Poinski • July 28, 2017 -
AB InBev brews strong Q2 earnings despite struggles in US beer market
The beer giant reported revenue and volume growth driven by cost cuts and global sales of top brands like Budweiser, Stella Artois and Corona.
By Jeff Wells • July 27, 2017 -
Dr Pepper Snapple's earnings drop from debt and Bai expenses
As volumes of most of the company's beverages continue to grow, the added expenses from this quarter may turn into future profit.
By Megan Poinski • July 27, 2017 -
Cost cuts pay off for Diageo as stock reaches all-time high
The world’s largest spirits company continues to perform through higher margins, increased productivity and organic sales growth.
By Davide Savenije • July 27, 2017 -
Coca-Cola beats expectations as new CEO moves away from soda
Though net revenues are down, the beverage giant built more value share in its nonalcoholic ready-to-drink category, including sparkling soda, juices, and bottled tea and coffee.
By Megan Poinski • July 26, 2017 -
Millennials prefer wine and spirits, so Goldman downgrades Constellation and Boston Beer
As drinking patterns shift, brewers should look at diversifying their portfolios to better meet the needs of younger consumers.
By Sandy Skrovan • July 25, 2017 -
Anheuser-Busch buys energy drink maker Hiball
The U.S. subsidiary of the brewing giant diversifies its portfolio by investing in two of the fastest-growing non-alcoholic categories: energy drinks and sparkling water.
By Sandy Skrovan • July 21, 2017 -
Retrieved from PepsiCo on October 14, 2013
PepsiCo fills long vacant #2 executive slot with potential CEO successor
Company veteran Ramon Laguarta, now its president, was previously CEO of the Europe/Sub-Saharan Africa division. He will be in charge of areas such as strategy, productivity and innovation.
By Megan Poinski • July 21, 2017 -
Smoothness without the stink: Company ferments beans for sought-after flavor
Break the Cup treats beans in Costa Rican thermal springs to yield flavor similar to those collected from animal droppings.
By Caroline Macdonald • July 20, 2017 -
Mocktails shake up beverage industry with a craft makeover
Complex flavors and eye-catching presentation can create a sense of occasion around non-alcoholic beverages, appealing to health-conscious consumers.
By Caroline Macdonald • July 19, 2017 -
Nestle Waters plans new ReadyRefresh distribution center in Atlanta
The 25,000-square-foot facility will deliver Nestle-owned bottled water and beverage products as part of the company's push to expand its national reach.
By Emma Liem Beckett • July 19, 2017
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