Lukas Southard
Lukas Southard is a Reporter covering the food and beverage industries across BevNET and NOSH.
Posts by Lukas Southard
FDA: Updates Restructured Human Foods Program, Withdrawing Aged Food Standards Rule
On Tuesday, the FDA announced its progress on restructuring the Human Foods Program consolidating food safety enforcement under one leadership role and streamlining operations internally and in the field.
Beyond Meat: Q4 Report Lends Optimism To Future Earnings
Beyond Meat executives expressed renewed confidence that the company’s “decisive actions” to prioritize positive cash flow above growth is beginning to work even as the company announced net revenues of $79.9 million, a decrease of -20.6% from Q4 2021.
Arms Race: Cultivated Meat Companies Battle To Grow Production Space
Cell-cultivated protein companies appear to be locked in a race to build commercial-scale production plants, even as the industry awaits full regulatory approval from both the FDA and the USDA, reflecting the long and complex road towards widespread commercialization and price-parity with conventional meat and seafood.
FDA: ‘Continuing Concerns’ About Smucker’s Peanut Butter Facility Tied to Outbreak
The FDA has requested further answers from The J.M. Smucker Company about the company’s food safety response in the wake of a Salmonella outbreak that led to a Jif brand peanut butter recall in May 2022.
Unilever Names New CEO, Reaffirms Food Brands Strategy
Unilever has appointed former H.J. Heinz executive Hein Schumacher to lead the CPG company effective July 1 reaffirming the multinational company’s commitment to its food brands.
Albertsons: WA Supreme Court Clears Way For $4B Dividend
The Washington State Supreme Court has cleared the way for Albertsons to pay out a $4 billion shareholder dividend after it sided with a lower court trial judge in declining the state attorney general’s request to appeal an injunction on Tuesday.
Deloitte: Profitable Growth Will Drive 2023 CPG Industry
Global accounting firm Deloitte’s recent 2023 CPG industry outlook reported that profitable growth is the top priority food and beverage brands as they continue to navigate supply chain disruptions and economic uncertainty.
Kerry Sells Sweet Ingredients, Focused On Nutrition Wellness
Kerry Group announced last week its intention to sell its sweet ingredients portfolio in order to further focus on functional ingredients and innovation in biotechnology for food.
Cerebelly Receives First Brain-Health Patent For Baby Food
Baby food maker Cerebelly received the first U.S. patent for food composition that benefits optimal infant neurodevelopment. The recipe includes 16 key nutrients supporting brain health and is in all the brand’s squeezable pouches.
News Roundup: Walmart Taps Salesforce, New Age Eats Sells Pilot Facility
Walmart announced a partnership with Salesforce to help the retailer drive profitability in its delivery and curbside pickup apps. New Age Eats puts pilot production facility up for sale and Beyond Meat sheds another executive.