Beverage

Starco Brands Announces Fourth Quarter and Full Year 2023 Results and Business Update

Retrieved on: 
Wednesday, April 3, 2024
Online Retail, Cosmetics, Retail, Consumer, Wine & Spirits, Millennials, Food, Beverage, AOS, Total Wine & More, Sobeys, Depreciation, UNFI, Caramel, Marketing, Powder, Amazon, Partnership, Safeway, Ice, Acquisition, Kroger, Adjustment, AMC, GAAP, Museum, Administration, Soylent, Vanilla, Growth, Production board, Amazon (company), Albertsons, GV (company), NNDB, Video game

Reported net revenue for the fourth quarter of 2023 was $18.9 million, compared to $4.0 million in the fourth quarter of 2022.

Key Points: 
  • Reported net revenue for the fourth quarter of 2023 was $18.9 million, compared to $4.0 million in the fourth quarter of 2022.
  • Compensation expense was $10.6 million in the fourth quarter of 2023, compared to $0.8 million in the fourth quarter of 2022.
  • Professional fees were $1.7 million in the fourth quarter of 2023, compared to $0.8 million in the fourth quarter of 2022.
  • Adjusted EBITDA was approximately $2.1 million for the fourth quarter of 2023, compared to $1.5 million for the fourth quarter of 2022.

Sprouts Farmers Market to Report First Quarter Earnings on May 1, 2024

Retrieved on: 
Wednesday, April 3, 2024
Retail, Supermarket, Food, Beverage, Sprouts, SFM, Webcast, Farmer, Farmers' market, Sprouts Farmers Market

Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced it will issue financial results for the first quarter ended March 31, 2024, after the market closes on May 1, 2024.

Key Points: 
  • Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced it will issue financial results for the first quarter ended March 31, 2024, after the market closes on May 1, 2024.
  • Following the release, Sprouts’ management will conduct a conference call at 5:00 p.m.
  • Participants should register on the website approximately ten minutes prior to the start of the webcast.
  • ET on May 2, 2024.

Pete & Gerry’s ‘Hatches’ a National 2024 Partnership with Minor League Baseball for Interactive Fan Engagement

Retrieved on: 
Wednesday, April 3, 2024
Baseball, Sports, Social Media, Family, Licensing (Sports), Consumer, Agriculture, Food, Beverage, Natural Resources, Organic Food, Retail, Communications, Frolic, Minor League Baseball, Feather, Partnership, History, Senior, CMO, Multimedia, Major League Baseball

Pete & Gerry's , a pioneer in humane egg farming and producers of Pete & Gerry's Organic® , Pete & Gerry's Pasture-Raised™ , and Nellie’s Free Range Eggs, today announced its inaugural partnership with and designation as the official egg of Minor League Baseball (MiLB).

Key Points: 
  • Pete & Gerry's , a pioneer in humane egg farming and producers of Pete & Gerry's Organic® , Pete & Gerry's Pasture-Raised™ , and Nellie’s Free Range Eggs, today announced its inaugural partnership with and designation as the official egg of Minor League Baseball (MiLB).
  • This partnership will span the entire MiLB 2024 regular season and “crack” into 60 clubs and ballpark locations across the U.S.
  • View the full release here: https://www.businesswire.com/news/home/20240403428303/en/
    On the heels of its 2023 partnership with Major League Baseball , Pete & Gerry’s is “egg-celerating” to a Minor League Baseball partnership for the 2024 season, supporting its commitment to families and local communities.
  • For more information about how to engage with Pete & Gerry’s through its MiLB partnership or to inquire about Pete & Gerry’s products, please visit peteandgerrys.com or the brand's Instagram , TikTok , and Facebook pages.

Yes, Chef! KRAFT Unveils New Line of Restaurant-Worthy Creamy Sauces

Retrieved on: 
Wednesday, April 3, 2024
Women, Other Retail, Supermarket, Specialty, Family, Food, Beverage, Consumer, Retail, Element, Kraft Heinz, Growth, Condiment, Taste, Sauce, Multimedia, Fast food

Today, the iconic KRAFT brand adds five delicious aiolis and sauces to its diverse product portfolio with the new Creamy Sauces line.

Key Points: 
  • Today, the iconic KRAFT brand adds five delicious aiolis and sauces to its diverse product portfolio with the new Creamy Sauces line.
  • Creamy Sauces marks the first innovation line to launch under the new KRAFT Sauces rebrand, which consolidates all sauces, spreads, and salad dressings under one family for the first time.
  • Alongside the new product line, KRAFT Sauces launches its first logo change in ten years, boldly redesigned packaging, and a first-ever unified brand platform.
  • Across all elements of the brand’s refresh, KRAFT Sauces is here to playfully convey that fancy doesn’t always mean better.

Sentient Jet Partners with Celebrity Chef Bobby Flay for Multi-Year Collaboration

Retrieved on: 
Thursday, April 4, 2024
Air, Transport, Food, Beverage, Other Travel, Lifestyle, Transportation, Consumer, Vacation, Retail, Travel, Q&A, Celebrity, Iron Chef America, VIP, Travers Stakes, Partnership, Sentience, Derby Day, BBQ Brawl, Card, Restaurant, Food Network, Jet, Breakfast

Sentient Jet , a leading private aviation company and inventor of the jet card category today announced a multi-year partnership with renowned chef Bobby Flay.

Key Points: 
  • Sentient Jet , a leading private aviation company and inventor of the jet card category today announced a multi-year partnership with renowned chef Bobby Flay.
  • This will be the 8th year Sentient Jet has partnered with Chef Flay.
  • Additionally, they will receive exclusive invitations to Sentient Jet’s annual Derby Day Breakfast hosted by Bobby Flay at the Kentucky Derby, an invite-only tradition where Chef Flay will prepare breakfast for guests.
  • Chef Bobby Flay expressed his enthusiasm about the partnership, stating, "I am delighted to continue my collaboration with Sentient Jet, a company that shares my passion for creating memorable experiences.

American Dairy Queen Corporation Hires New Franchise Development Executive to Lead U.S. and Canada

Retrieved on: 
Wednesday, April 3, 2024
Retail, Restaurant, Bar, Food, Beverage, IDQ, ADQ, Dairy Queen, Coffee bean, Yum, Coffee, Towson University, DQ, QSR, Multimedia, Dine Brands, Video game

American Dairy Queen Corporation (ADQ), a subsidiary of International Dairy Queen, Inc. (IDQ) and a leader in the quick-service restaurant (QSR) industry, today announced it hired Gregg Benvenuto as vice president of franchise development in the U.S. and Canada.

Key Points: 
  • American Dairy Queen Corporation (ADQ), a subsidiary of International Dairy Queen, Inc. (IDQ) and a leader in the quick-service restaurant (QSR) industry, today announced it hired Gregg Benvenuto as vice president of franchise development in the U.S. and Canada.
  • View the full release here: https://www.businesswire.com/news/home/20240403264196/en/
    Gregg Benvenuto, vice president of franchise development in the U.S. and Canada (Photo: Business Wire)
    Benvenuto comes to ADQ with decades of restaurant franchise development experience.
  • He has held executive franchise development roles at Dine Brands, Papa Murphy’s, and The Coffee Bean and Tea Leaf.
  • “We have aggressive five-year goals to open new DQ Grill & Chill restaurants in the U.S. and Canada,” said Dan Kropp, chief operating officer, U.S. and Canada, at American Dairy Queen Corporation.

Sam's Club Membership Review (2024): Sam’s Club and Plus Memberships Deals Reviewed by Compare Before Buying

Retrieved on: 
Wednesday, April 3, 2024
Retail, Home Goods, Discount, Variety, Food, Beverage, Sam's Club, Gasoline, Prescription, Scan, Walmart, Club, Bonus, Life insurance

Compare Before Buying, a leading platform for insightful consumer reviews, has published an in-depth exploration into the world of Sam's Club membership benefits.

Key Points: 
  • Compare Before Buying, a leading platform for insightful consumer reviews, has published an in-depth exploration into the world of Sam's Club membership benefits.
  • A standard Sam's Club membership is priced at $50 annually, while a Sam's Club Plus membership costs $110 per year.
  • For a limited time, however, Sam’s Club is offering the Club membership for $25 — a 50% discount — and the Plus membership with $40 off .
  • For a more thorough review of Sam’s Club membership, please visit the Compare Before Buying website .

DoorDash to Announce First Quarter 2024 Results on May 1, 2024

Retrieved on: 
Wednesday, April 3, 2024
Software, Restaurant, Bar, Internet, Technology, Apps, Applications, Food, Beverage, Mobile, Wireless, Retail, Disclosure, DASH, Regulation Fair Disclosure, Interest, Blog, Regulation, Security (finance), Food delivery

DoorDash, Inc. (NASDAQ: DASH) today announced the company’s first quarter 2024 financial results will be released after market close on Wednesday, May 1, 2024.

Key Points: 
  • DoorDash, Inc. (NASDAQ: DASH) today announced the company’s first quarter 2024 financial results will be released after market close on Wednesday, May 1, 2024.
  • The company’s earnings press release will be made available on the DoorDash Investor Relations website at ir.doordash.com .
  • DoorDash will host a conference call to discuss its results at 2 p.m. PT / 5 p.m.
  • Interested parties may register for and access the live webcast of the call at the DoorDash Investor Relations website at ir.doordash.com .

Gold Medalist Swimmer Chase Kalisz and His Bulldog Floyd Join Nulo’s 'Fuel Incredible' Campaign

Retrieved on: 
Tuesday, April 2, 2024
Sports, Health, Food, Beverage, Entertainment, Pets, Swimming, Celebrity, Retail, Fitness & Nutrition, Consumer, Veterinary, Partnership, Dream, Athlete, Pet, Multimedia, Family, Gold medal, Happiness, Chase, Gold, Hunting

Nulo, a leading pet nutrition company, is excited to unveil a new partnership with Gold Medalist swimmer Chase Kalisz and his bulldog Floyd, aimed at amplifying its "Fuel Incredible" campaign.

Key Points: 
  • Nulo, a leading pet nutrition company, is excited to unveil a new partnership with Gold Medalist swimmer Chase Kalisz and his bulldog Floyd, aimed at amplifying its "Fuel Incredible" campaign.
  • View the full release here: https://www.businesswire.com/news/home/20240402958213/en/
    Gold Medalist swimmer Chase Kalisz knows the importance of optimal nutrition to fuel his winning performances.
  • He depends on Nulo for the same high-performance nutrition for his beloved bulldog Floyd.
  • Michael Landa, CEO of Nulo, remarks, “Chase and Floyd represent the very essence of our ‘Fuel Incredible’ campaign.

Vintage Wine Announces Forbearance Agreement Extension with Lenders

Retrieved on: 
Wednesday, April 3, 2024
Retail, Food, Beverage, Wine & Spirits, Security agreement, VWE, Exercise

Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”) today announced that the Company and its lender group have amended the forbearance agreement dated March x, 2024 to extend the forbearance period to May 15, 2024.

Key Points: 
  • Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”) today announced that the Company and its lender group have amended the forbearance agreement dated March x, 2024 to extend the forbearance period to May 15, 2024.
  • The lenders have also agreed to the deferral of the $10 million principal payment previously due at March 31, 2024 to May 15, 2024.
  • Kristina Johnston, Chief Financial Officer, commented, “We are continuing productive discussions with our lenders as we work to advance potential asset sales, the monetization of inventory and cost reductions.
  • The extension of the forbearance agreement provides additional time for further discussions with the lenders regarding an amended lending agreement as we execute on our plans.”
    Under the amended forbearance agreement, the lender group has agreed to not exercise any rights and remedies until May 15, 2024, so long as the Company complies with the terms of the forbearance agreement as amended and otherwise remains in compliance with the Second A&R Loan and Security Agreement.