Welcome to our dedicated page for Zevia Pbc news (Ticker: ZVIA), a resource for investors and traders seeking the latest updates and insights on Zevia Pbc stock.
Zevia PBC (NYSE: ZVIA) delivers innovative, zero-calorie beverages sweetened naturally with stevia, serving health-conscious consumers through sodas, energy drinks, and organic teas. This news hub provides official updates on corporate developments, financial performance, and product innovations from the industry-leading better-for-you beverage company.
Access timely announcements including quarterly earnings reports, strategic partnerships, new flavor launches, and sustainability initiatives. Investors will find essential updates on operational milestones while consumers discover information about product availability and nutritional advancements.
All content is sourced directly from Zevia's corporate communications, ensuring accuracy for stakeholders tracking this Certified B Corporation's progress in redefining the beverage industry. Bookmark this page for verified updates on ZVIA's market expansion and commitment to reducing sugar consumption through innovative formulations.
Zevia announced its first quarter 2024 results, highlighting a 10.4% decrease in net sales and unit volume, a gross profit margin of 45.7%, and a net loss of $7.2 million. The company reported a focused productivity initiative targeting cost benefits of $8-$12 million annually, amidst challenges faced in 2023. Zevia aims to re-energize growth in the latter part of the year by launching regional direct-store-delivery partnerships and driving towards profitability.
Zevia, a leading producer of zero sugar beverages, will be participating in two upcoming investor conferences, the Goldman Sachs Global Staples Forum, and the BMO Global Farm to Market Conference. President Amy Taylor and CFO Girish Satya will present at these events, providing insights into the company's growth strategies and financial performance.
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