beverages

Coffee chain Starbucks Corp. (NASDAQ: SBUX) said that 25% of its milk-related beverage sales in the U.S. came from alternative dairy offerings in the quarter ending June 30. What Happened: Starbucks made the disclosure while announcing its third-quarter results on Tuesday. The company noted that...

PepsiCo Inc (NASDAQ: PEP) Vice-Chairman and CFO Hugh Johnston discussed the company's financial results Tuesday on CNBC's "Squawk Box." What Happened: PepsiCo reported quarterly earnings of $1.72 per share, which beat the estimate of $1.53 per share. The company reported quarterly...

Boston Beer Company Inc (NYSE: SAM) has done a great job taking market share in the hard seltzer category, Jim Cramer said Friday on CNBC's "Squawk On The Street." What Happened: Boston Beer reported first-quarter earnings on Thursday that exceeded expectations. The...

PepsiCo, Inc. (NYSE: PEP) announced Thursday a collaboration with Peeps to launch a new beverage that combines the refreshing taste of Pepsi with the familiar flavor of Peeps marshmallows. What Happened: PepsiCo's marketing will instantly stand out as the beverage will be...

JPMorgan analysts revised their stance on the beverage sector and presented a new pair trade of assuming a bullish stance on Keurig Dr Pepper Inc (NYSE: KDP) and a bearish stance on Molson Coors Beverage Co (NYSE: TAP). The Analyst: Andrea Teixeira upgraded Keurig Dr Pepper's stock from...

Seltzer is among the fastest-growing categories within the beer, spirits and wine category and should continue growing at a double-digit pace in 2021, Anheuser Busch Inbev SA (NYSE: BUD) CEO Michel Doukeris said Wednesday on CNBC's "Closing Bell." What Happened: Ab-InBev launched...

Beverage giant PepsiCo, Inc. (NASDAQ: PEP) announced Wednesday morning a partnership with NBA superstar LeBron James to launch a "new kind" of energy drink. What Happened: PepsiCo's new energy beverage will be marketed under the Mountain Dew brand. Designed to offer a mental boost and...

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...

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...