Monster Results. On Feb. 27, Monster Beverage reported better than expected fourth-quarter results as international sales jumped +30%. Revenue rose +15%, with the U.S. up
The company has launched an Orange Vanilla Coca-Cola and Orange Vanilla Coca-Cola Zero Sugar. The products will be fully available by the end of the month, the company said. Packaging will include the red disc and colored neck band that is part of Coke’s global “One Brand” design strategy
Earnings Interview: CEO Quincey Updates on CBD, RTD Coffee, Monster Arbitration
February 15, 2019
There were no valentines exchanged between Coca-Cola and investors on Feb. 14 after the company offered a cautious full-year 2019 earnings forecast. Coke shares declined more than
In a Jan. 24 report, analysts at RBC Capital Markets compared the portfolios and social media data for Monster Beverage and Bang Energy. Bang gained attention from analysts last year as a potential threat to Monster’s core energy offerings (BD 10/26/18).
Coca-Cola has closed its $4.9 billion purchase of retail coffee café chain Costa … JAB Holding-owned Peet’s Coffee has acquired a majority stake in Revive Kombucha
During an investor update Thursday, Monster Beverages said it would launch a new performance energy drink called Reign Total Body Fuel in March with six flavors. The brand would compete with fast-growing Bang Energy Drink. A new Dragon Tea energy offering also is planned. Plus, Monster said arbitration over Coke’s plan to launch a Coke-branded energy drink overseas is “moving expeditiously” and that “we are in the process of amicably resolving this disagreement.” An update is expected in the second quarter, he added.
Farm Bill Legalizes Hemp. The newly-passed $867 billion U.S. Farm Bill, awaiting President Trump’s signature, includes a provision to legalize hemp nationally. This could make it easier for beverage companies to market products infused with CBD, a non-psychoactive ingredient derived from hemp...
Keurig Dr Pepper has agreed to acquire the sales and distribution rights of Swire 7Up Dr Pepper of Pasco, Washington, which covers territory in Franklin and Benton counties on the Columbia River; brands being moved also include A&W, Sunkist, Schweppes, Cactus Cooler soda, Deja Blue bottled water and Venom energy drink