Lukas Southard
Posts by Lukas Southard
Instacart: Double-Digit Revenue Increase In First Earnings Since IPO
In its first public earnings call, ecommerce delivery platform Instacart (listed as MapleBear Inc.) reported revenues of $764 million, a 14% improvement from the same period last year.
Beyond Meat “Disappointed” With Q3 U.S. Retail Sales Declines
In its Q3 earnings call, Beyond Meat announced sales declines as it continues to institute a plan to cut costs and prioritize growth after posting high single-digit revenue losses year-over-year.
Dirty Hands Acquires Sales Consultancy Firm Burgess Strategic Advisors
Dirty Hands is expanding its range of client services in brokerage, merchandising and sales support with the acquisition of CPG sales consultancy firm Burgess Strategic Advisors.
Miyoko’s To Close Production Facility, Move Fully To Co-Manufacturing
Miyoko’s Creamery announced today that it was planning to cease operations at its production facility and move fully into a co-manufacturing business model.
Afia Builds Frozen Syrian Food Platform
Syrian frozen food maker Afia is poised to unlock new growth as it recently moved into a 21,000 sq. ft. facility and eyes expanding into new retailers and channels.
Report: Rising Inflation, Assortment Influencing Growth In Frozen Food
The biannual report “Power of Frozen in Retail” shows that inflation has impacted the frozen food category growing dollar sales while unit sales and volumes have declined.
Simply Good Foods: Refreshes Atkins, Forecasts FY24 Single Digit Sales Growth
Simply Good Foods, parent company to both the Atkins and Quest Nutrition, reported 17% sales growth with gross margins of 37.6% in its Q4 earnings call.
Shopify Deepens Ties to B2B Marketplace Faire
Shopify has invested in B2B wholesale marketplace Faire to creating a partnership to streamline management and purchasing operations for merchants and retailers between the platforms.
Rudi’s “Value Adds” Justin Gold, Frozen Innovation
Rudi’s Mountain Bakery has set its sights the freezer aisle adding 12 new value-added products thanks, in part, to the brand’s new “idea man” and chief innovation officer Justin Gold.
Circana: Rising Food Prices’ Impact On Shopping Behavior
Shoppers are continuing to struggle with how to mitigate the higher prices at grocery stores, according to Circana, with 94% of consumers are concerned with the cost of food.


