beverages

Shares of global fitness drink maker Celsius Holdings, Inc. (NASDAQ: CELH) plummeted more than 20% Thursday after the company reported fourth-quarter results that signaled a pause in growth. Celsius Holdings CEO John Fieldly was on CNBC's "Mad Money" Monday and said investors got...

BevCanna Enterprises Inc. (CSE:BEV) (OTCQB: BVNNF) disclosed Tuesday it has inked a supply deal with Nextleaf Solutions Ltd. (CSE:OILS) (OTCQB: OILFF). Under the deal, Vancouver producer of cannabinoid-infused beverages, will utilize Nextleaf's Rapid Emulsion Technology by OILS THC and CBD...

The case for turning bullish on Coca-Cola Co (NYSE: KO) is simple: "things have changed," according to RBC. The Coca-Cola Analyst: Nik Modi upgraded Coca-Cola's stock from Sector Perform to Outperform with a price target lifted from $55 to $60. The Coca-Cola Thesis: RBC...

Millions of people were left with no option but to work from home throughout 2020. This disrupted the coffee industry and benefited those with at-home exposure, especially Keurig Dr Pepper Inc (NASDAQ: KDP). Keurig Momentum: One convenient way for consumers to get their caffeine fix is through a...

RBC analysts maintained a bullish stance on Keurig Dr Pepper Inc (NASDAQ: KDP) and Monster Beverage Corp (NASDAQ: MNST) after the two beverage giants reported encouraging fourth quarter results. The Keurig Dr Pepper and Monster Beverage Analyst: Nik Modi maintains an Outperform rating on Keurig Dr...

NBA legend turned entrepreneur Isiah Thomas announced Thursday that his Champagne brand Cheurlin Champagne will become available at Walmart Inc (NYSE: WMT), Sam's Club and Target Corporation (NYSE: TGT). What Happened: Thomas, a two-time NBA champion and core member of the Detroit Pistons...

The annual Consumer Analyst Group of New York (CAGNY) virtual conference continued on Thursday with TreeHouse Foods Inc. (NYSE: THS) the lone pure-play U.S.-listed food company presenting. Initiatives Success: TreeHouse said in its presentation the company saw success in its cost-savings...

Coca-Cola Co's (NYSE: KO)'s dividend got a little sweeter Thursday.  Coca-Cola approved the company’s 59th consecutive annual dividend increase, raising the quarterly dividend 2.4% from 41 cents to 42 cents per common share. The dividend increase is applicable for outstanding...

Several food and beverage companies reported earnings on Thursday and despite a somewhat boring reputation in the "meme stock" generation, a name like PepsiCo, Inc. (NASDAQ: PEP) offers "slow and steady growth," according to Boris Schlossberg, managing director of FX...

PepsiCo, Inc. (NASDAQ: PEP) has been busy acquiring businesses in recent years. But what people are talking about is the beverage company's recent partnership with Beyond Meat Inc (NASDAQ: BYND), which will generate a "very healthy set of snacks," PepsiCo CFO...

Thursday premarket trading action was highlighted by a handful of food, beverage, and restaurant names reporting quarterly results. Here's what investors in the space need to know.  Food Stocks Kraft Heinz Co (NASDAQ: KHC) shares were trading 6.26% higher to $36.01 at last check after...

Coca-Cola Co. (NYSE: KO) CEO James Quincey appeared on CNBC’s “Squawk on the Street” Wednesday to discuss the company’s fourth-quarter earnings report, which was released before the market open.  Coca-Coca beat the Street estimate for earnings per share, but failed to...

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) is taking over a Canadian producer of beverages and consumer products. The Vancouver manufacturer of cannabinoid-infused beverages has entered into an amended and restated agreement to acquire Naturo Group Inc. The move is a step closer to...

Uber Technologies Inc. (NYSE: UBER) announced Tuesday that it has acquired Drizly in a $1.1-billion dollar deal. What Happened: Uber said will integrate Drizly into its Uber Eats app while contuinuing to offer services through the separate Drizly app. The approximate $1.1-billion bought deal...

Alcohol producer Diageo plc (NYSE: DEO) said in its semiannual earnings report that spirit sales in the U.S. were higher by 15% with notable strength in the tequila category. Strong US Market: Diageo's U.S. sales in the back half of 2020 were supported by more consumers switching...