Lukas Southard
Posts by Lukas Southard
PepsiCo: Food Sales Weigh Down Q3 Earnings
PepsiCo announced slow food brand sales dragged down its Q3 earnings as “business disruptions” to its international business lowered the company’s organic revenue growth outlook.
Betting On Breast Milk: Is Lactoferrin CPG’s Newest Functional Ingredient Obsession?
Bioactive protein lactoferrin used in supplements and infant formula is usually derived from cow’s milk but a number of precision fermentation companies are using innovative processes to create a less expensive and more sustainably sourced ingredient.
Is BetterBrand Crashing?
BetterBrand, the company behind low-carb bagels, buns and rolls with a pre-money valuation of $170 million, might be in the process of shutting down as its website has been recently disabled and customers have taken to social platforms to express complaints over unfulfilled orders and a lack of communication.
Oasis Date Aims To Take Over Medjool Market
Oasis Date (formerly Oasis Date Gardens) announced it is now the largest date producer and processor in North America with over 5,000 farmed acres of organic Medjool dates including the world’s first Regenerative Organic Certified farm.
Cubes Over Kits: Brands Stake Out Territory In Frozen Smoothies
The frozen smoothie category has evolved since pandemic lockdowns with consumers demanding more convenience and functionality blended together and packaged at a price accessible to mass channel shoppers.
Three Wishes Bets On Cereal-Adjacent Categories To Fuel Growth
After launching into grain-free granola, Three Wishes is entering a new category with chewy granola bars as it eyes opportunity in snacks and expanding its reach in mass and conventional channels.
Mars Appoints New CEO For KIND
Mars has promoted Daniel Calderoni, a manager within its pet nutrition division, to be the new CEO of KIND Snacks North America.
A Bite With…Nooish Founder Sarah Nathan
Nooish founder Sarah Nathan talked to Nosh about her instant matzah ball soup product and why she decided to launch a brand despite knowing the challenges that come with being a CPG food operator.
What’s Next For Hemp-Derived THC After California’s Emergency Action?
Hemp-derived cannabis companies face an uncertain path forward as they navigate an increasingly difficult climate for retail distribution as states like California restrict what can be sold and where.
CA Closes The Door On Hemp-Derived THC Products
Citing concerns over public health, California’s Governor Gavin Newsom proposed on Friday an emergency regulation that will heavily restrict “intoxicating hemp products.”