Food Industry News, Insights, and Education for the CPG Community

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.

At NOSH Live Winter 2023, attendees will hear from Josh Wand, CEO and founder of ForceBrands; Sean Kelly, founder and former CEO of SnackNation and Caroo; and Kurt Seidensticker, the founder and former CEO of Vital Proteins who, alongside a pool of industry vets, have created investment vehicle The Family Fund.

In a lawsuit against the equipment company that Smashmallow founder Jon Sebastiani said ultimately caused its downfall, a $21 million verdict has provided “a sense of redemption.”

At NOSH Live on November 30 + December 1 in Marina del Rey, natural food brands are invited to meet one-to-one with leading retail buyers. Representatives from Thrive Market, Kroger, The Fresh Market, and now Whole Foods, will be available for private meetings during the two-day event.

Dive into all the with NOSH’s Weekly Briefing with all the top news from last week including Eat The Change’s $14M investment, a pivot by Yolélé into becoming a fonio supplier and a podcast interview with Wilde Brands about lessons in rebranding.

In this week’s notable new products roundup, Patagonia Provisions spices up its line of tinned fish products, Lenny & Larry’s introduces a protein-packed chocolate-covered wafer bar and Ruby Hibiscus Water collaborates with Bjorn Corn on a new snack.

This Saturday, October 21st, marks the deadline for early registration pricing for not one, but three major events in the food, beverage, and beer industries, which are all taking place in Marina del Rey, CA this winter.

Wilde Brands founder and CEO Jason Wright talks about broadening the product’s positioning through rebranding, maintaining investor buy-in amid changes and how it is currently strategizing growth in new channels.

What does it take for a brand to disrupt existing food categories and stand out from the pack? Charlotte Apps, the Global EVP of Bain’s Consumer Products practice, will speak at NOSH Live to offer brands, investors and other executives a playbook for insurgent brands based on years of compiling data on companies that have broken from the traditional order.

Better-for-you Mexican food brand Tia Lupita has closed a $2.6 million funding round led by Santatera Capital and GBM Ventures to support product innovation and expansion into new markets. The entire round was raised by Mexican investment institutions.

This Saturday October 21st, early registration pricing expires for NOSH Live Winter 2023, taking place on November 30 + December 1 in Marina del Rey, CA. Register now and save $100 per registration (Insiders save $200!).

Eat the Change (ETC) has brought in another $14 million in growth capital to fuel its quest of changing consumers’ eating habits by widening distribution of Just Ice Tea and further testing its Cosmic Chews snacks.

Daily Harvest founder and CEO Rachel Drori is stepping away from overseeing day-to-day operations at the frozen food company, turning the reins over to chief supply chain officer Ricky Silver.

Since the onset of the pandemic, a volatile economic climate has harshly impacted consumer-facing businesses’ ability to raise funding due to increased cost of capital and unpredictable product demand.