Beverage Industry News
A collection of Beverage latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
National Beverage: Fiscal Q1 Earnings Snapshot
FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — National Beverage Corp. (FIZZ) on Thursday reported profit of $47 million in its fiscal first quarter. The Fort Lauderdale, Florida-based company said it had profit of 50 cents…
National Beverage (NASDAQ:FIZZ) Issues Quarterly Earnings Results
National Beverage (NASDAQ:FIZZ - Get Free Report) released its earnings results on Thursday. The company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.09), Zacks reports. National Beverage…
US Consumption of Alcoholic Beverages Is at Historic Lows': Heineken Hires GLP-1 Pitchwoman to Sell Beer
Heineken's US chief executive Maggie Timoney went on Bloomberg this week to explain why Serena Williams was named the first global ambassador for Heineken 0.0 while simultaneously fronting a GLP-1 weight-loss brand, the drug class investors have…
Drinking very hot beverages could triple cancer risk, large study finds - WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
London (CNN) — A study of nearly a million people has found new evidence to suggest that drinking scalding hot coffees and teas could significantly increase a person's risk of getting cancer in their esophagus. Drinking these beverages very…
Molson Coors Beverage (NYSE:TAP) Reaches New 12-Month Low - Here's What Happened
Molson Coors Beverage Company (NYSE:TAP - Get Free Report) shares hit a new 52-week low on Thursday. The stock traded as low as $37.85 and last traded at $38.08, with a volume of 124617 shares. The stock had previously closed at $38.48. Get Molson…
Core Capital Management & Research inc. Acquires New Holdings in Molson Coors Beverage Company $TAP
Core Capital Management & Research inc. bought a new position in Molson Coors Beverage Company (NYSE:TAP - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 184,057 shares of…
Trucking companies and industry groups gear up for NTDAW - TT
Werner will host NTDAW events including drivers, maintenance technicians, office employees and customers, and Werner executives will participate in question-and-answer sessions.(Werner Enterprises) Trucking companies, travel centers and industry…
PE firms buy 3PL Navajo Expedited, target other acquisitions
Private equity firms Centre Partners and Altivare Capital Partners have acquired 3PL Navajo Expedited. The duo will advance the broker's driver-vetting and pricing automation capabilities while seeking complementary acquisitions. Lakeland…
Starbucks spends $1B on comfy armchairs, plants to lure lonely customers back to coffee shops
Starbucks is spending $1 billion on comfy armchairs, plants and hardcover books to spruce up its coffee shops – betting that's enough to lure back lonely customers fed-up with the digital age. More than 1,000 renovations have been completed…
Not Just Yet…Federal hemp ban will be delayed until the end of the year - Tucson Weekly
The federal ban on hemp will be postponed until December, according to a new government funding bill that was passed on Sept. 2. In August, the Senate also voted to delay the ban; in part due to concerns about economic consequences for farmers and…
Trump surgeon general nominee discloses tobacco, pharma investments
President Trump's surgeon general nominee reported investments in the tobacco company Philip Morris International as well as beverage companies Monster Beverage Corp, Coca Cola Co. and Pepsi Co., according to financial disclosures released…
The Latest on the escalating trade war between Canada and the United States
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Congress banned fake hemp. Don't carve out an exception for weed soda
My research team recently evaluated this problem in hundreds of delta-9 THC edibles marketed as federally lawful hemp. We calculated how much cannabis material containing the maximum legal concentration would be needed to supply each product's…
PepsiCo expects India to enter top 10 global markets
Global food and beverage major PepsiCo expects India to break into its list of top 10 global markets in the coming years, as the country continues to draw investment for its expanding manufacturing footprint and rising consumption potential, its…
Thrive Capital led VCs into pro sports ownership; Collaborative Fund just upped that play
Collaborative Fund, the 15-year-old, New York-based generalist venture firm that has roughly $1 billion under management and which made early bets on Lyft, Reddit, Sweetgreen, and Olipop, among others, is taking a stake in the soccer club D.C.
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