Zevia Beats Expectations, Sees Growth in Millennial Families
Markets & Money Today | 2 Min News | The Daily News Now! - En podcast av The Daily News Now! - Torsdagar
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Zevia, the zero-sugar beverage company, reported robust third-quarter earnings, surpassing Wall Streets expectations with a revenue of $40.84 million and adjusted EBITDA loss of $1.72 million. The companys success was driven by effective marketing, new product launches, and expanded distribution. Zevias initiatives have led to increased brand consideration and purchase intent, indicating a positive future for the company. Analysts focused on household penetration, new customer demographics, and Zevias ability to maintain margins amidst tariff pressures and marketing investments.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
