Lukas Southard
Posts by Lukas Southard
Voyage Foods Prioritizes Ingredient Supplier Role With Cargill Partnership
Voyage Foods has signed on as an exclusive B2B partner for Cargill with its nut-free spreads and cocoa-free chocolate, staking out a future for the food technology startup as an ingredient supplier.
Laird Superfood Rides The Wave To Optimistic Future
Laird Superfood has moved towards a more positive future after shifting to an asset-light production model, reducing capital burn on marketing, and prioritizing its direct-to-consumer and ecommerce distribution channels.
Momofuku Fires Up Trademark Battle Over Chili Crunch
David Chang’s Momofuku brand is targeting food brands like Homiah and MìLà with cease-and-desist letters claiming trademark infringement over “chili crunch” products.
Long Table Talks Popcorn Flour Pancakes, Post-‘Shark Tank’ Growth
Pancake and waffle mix brand Long Table is using its popcorn flour innovation to educate consumers on the importance of eating regeneratively grown, heirloom whole grains.
Sunnie Lands Strategic Investment, Builds New Distribution Channels
Sunnie Snacks is two-thirds the way to closing its first institutional investment round as it builds off its new distribution partnerships and seeks to capture consumers in others parts of the store.
Maine Crisp Co. Survives “Heartbreak” After Production Facility Flood
Maine Crisp has finally regained its footing as it prepares to go to Expo West and launch nationwide in Whole Foods after a mid-December “100-year” storm and flood wiped out nearly all of the company’s inventory, ingredients and packaging.
Campbell’s: Q2 Earnings ‘Right Where Expected,’ Readies For Sovos Deal Close
Campbell Soup Company released its second-quarter 2024 earnings with net sales at $2.4 billion, a -1% decline from the year-ago period. The company reported sequential volume improvements and margin growth as it prepares to close the acquisition of Sovos Brands next week.
BFG Continues “Patient” Approach With Fund III Launch
BFG Partners has launched Fund III and has already raised about 70% to its goal of $125 million to provide capital growth to better-for-you food, beverage and personal care brands.
Sweet Ride: YouTube Star Joins “Relaunched” Joyride Candy
YouTube star Ryan Trahan has joined low-sugar candy brand Joyride as an investor and part owner as the company refocuses around the creator as its chief creative officer.
WK Kellogg: Cereal Business “Stable” As 2024 Volumes Stabilize
WK Kellogg Co reported its first standalone quarterly earnings with net sales up for the FY2023 as the company focuses on supply chain management and operational efficiency.