Executives Update Investors on Distribution, New Capacity, Innovation
April 1, 2021
Executives Update Investors on Distribution, New Capacity, Innovation. Keurig Dr Pepper participated in an investor webcast on March 26 hosted by Goldman Sachs Managing Director and Beverage Analyst Bonnie Herzog. Chairman and CEO Bob Gamgort, CFO and International President Ozan Dokmecioglu, and Cold Beverages President Derek Hopkins took questions on topics that included distribution efficiency, production capacity, cost inflation, and innovation. The following are highlights.
Convenience Channel Shows Improvement as Mobility Increases
April 1, 2021
In BD’s March 18 edition, BD flagged the possibility of swings in category and channel performance once US syndicated data cycled pandemic-related pantry loading from a year ago. As lockdowns lift, new data suggests...
BluePrint HPP Juice Founders Provide Primer on Newest Mushroom Passion
April 1, 2021
Mushrooms have been used medicinally in Asia for centuries. In the US, mushroom extracts have become a go-to functional ingredient within the wellness community. Often referred to as adaptogenic, functional, or medicinal mushrooms, the ingredient now is... To better understand functional mushrooms as an RTD beverage ingredient, BD turned to Zoe Sakoutis and Erica Huss. Last year, they launched Earth & Star, a line of canned mushroom-infused oat milks and coffees.
Twenty years after PepsiCo’s transformational acquisition of Gatorade, an emerging field of challengers is emboldened by BodyArmor’s success. The US sports drink category has become one of frenetic energy.
Few Volume Bright Spots for Coke in 2020. More Than 1 Billion Unit Cases Lost
March 3, 2021
Last year, the global Coca-Cola system sold 1.3 billion fewer unit cases of beverages than in 2019, according to a regulatory filing last week. In addition, the 29 billion...
Coca-Cola intends to acquire a controlling stake in fast- growing sports drink brand BodyArmor. BodyArmor Co-Founder and Chairman Mike Repole issued a statement dampening the news. One might conclude by Repole’s and Quincey’s comments that negotiations are ongoing...