News
Food and beverage industry news.
CPG Week: Reading The Earnings Report Tea Leaves, Whole Foods’ Daily Shop
The Nosh and BevNET team talks cereal struggles, energy drink earnings, up-and-down reports from plant-based industry leaders and Whole Foods’ newest attempt at a smaller footprint store concept.
Expo West: Actual Veggies Expanding with Super Fries
The purveyor of premium plant-based patties has expanded into the frozen fry segment in its pursuit to reinvent fast-food favorites.
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RXBAR’s Rahal Launches New Protein Bar Brand
RXBAR co-founder Peter Rahal is back in the protein bar business and out as a managing partner at Humble Growth.
UNFI Posts Profit Decline, Names New President and CFO
United Natural Foods Inc (UNFI) reported a 0.5% decrease in net sales to $7.8 billion during Q2 2024 in an earnings release this morning, missing analyst revenue expectations but beating share price predictions.
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.
Green Circle: Are Plant-Protein’s ‘High’ Costs Overstated?
A new report by Green Circle Capital Advisors is arguing that perception around plant-based protein costs being higher than their animal-based counterparts is inaccurate once you consider the actual protein content of meats and dairy products.
Expo West: Kuli Kuli Goes All In On Gummies and Blends
Moringa-focused nutrition company Kuli Kuli (#N2121) announced today it will debut four new products spanning two formats at Natural Products Expo West. But there’s a twist…
BevNET & Nosh Community Calls This March: SPINS Reveals Plant-Based Category Trends and Bob Burke Shares Advice on How Brands Can Conserve Capital
Get ready for our March Community Calls! This month, discover which plant-based categories are thriving and which are declining with SPINS, and learn how to conserve capital and improve cash flow with Bob Burke.
Whole Foods to Open Mini “Daily Shop” Stores in New York
The Amazon-owned grocery chain announced today that it will begin opening up new “small-format” stores, called Whole Foods Market Daily Shop, for quick trips in several urban markets, beginning with a Manhattan location this fall.
The ABCs of Expo West
If you want to speak Expo fluently, first you’ve got to learn the alphabet. Fortunately, we’ve compiled this handy set of definitions for you, down to the letter.