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Zevia PBC - ZVIA STOCK NEWS

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 (Symbol: ZVIA) is a pioneering beverage company dedicated to disrupting the liquid refreshment industry with its innovative, zero-calorie, zero-sugar, and naturally sweetened products. Founded in 2007, Zevia was the first company to introduce zero-calorie soda sweetened with stevia, setting a new standard in the industry. Today, Zevia continues to lead the zero-calorie, naturally sweetened beverage category with a diverse portfolio that includes sodas, energy drinks, organic teas, mixers, kids' drinks, and sparkling water, all of which are Non-GMO Project Verified.

Zevia's mission is to support the health of individuals and communities by providing beverages that cater to health-conscious consumers seeking alternatives to traditional sugary drinks. The company's product range is available across the U.S. and Canada through a robust network of retailers spanning food, drug, mass, natural, and e-commerce channels. Zevia derives the majority of its revenue from the United States, underscoring its strong market presence and consumer trust.

Committed to innovation and sustainability, Zevia is continuously reimagining its product offerings to challenge the status quo. The company's relentless pursuit of positive change in the beverage industry is fueled by its vision of creating a healthier world. Recent achievements include expanding its product lines and enhancing distribution channels, ensuring that more consumers have access to their refreshing and health-conscious beverage options.

Stay updated with the latest news and developments regarding Zevia PBC to understand how this dynamic company is shaping the future of the beverage industry.

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Zevia PBC (NYSE: ZVIA) announced that CEO Paddy Spence and President Amy Taylor will join a virtual fireside chat at the Morgan Stanley Virtual Global Consumer & Retail conference today at 3:10 p.m. Eastern Time. The session will be accessible through the Company’s Investor Relations webpage, with a replay available for 30 days after the event. Zevia is a Certified B Corporation focused on providing zero sugar, plant-based beverages, available in over 25,000 retail locations across the U.S. and Canada.

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Zevia PBC reported a record net sales of $39 million for Q3 2021, a 22% increase compared to the previous year. Year-to-date sales reached $104 million, up 27%. Despite the positive sales growth, the company faced a net loss of $49.8 million, largely due to a significant increase in equity-based compensation. Gross profit increased to $17 million, with a 44% gross margin. The company also reported an Adjusted EBITDA loss of $3.5 million.

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Zevia PBC (NYSE: ZVIA) reported record net sales of $39 million for Q3 2021, marking a 22% increase year-over-year. Year-to-date sales reached $104 million, up 27% from 2020. Unit volume increased by 26% with gross profit improving to $17 million, representing 44% of net sales. However, the net loss stood at $49.8 million, translating to a $0.75 loss per share, primarily due to $45.7 million in non-cash equity-based compensation. Despite the losses, the company is seeing growth momentum and is focused on sustainability initiatives.

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Zevia PBC (NYSE:ZVIA) will announce its third-quarter financial results for the period ending September 30, 2021, prior to the market opening on November 12, 2021. Following the announcement, a conference call will be held at 9:00 a.m. Eastern Time to discuss the results. Investors can access the live webcast through the Investor Relations section of Zevia's website, with a replay available for up to 30 days. Zevia focuses on providing a diverse range of zero sugar, zero calorie beverages and is distributed across over 25,000 retail locations in the U.S. and Canada.

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Zevia PBC (NYSE: ZVIA) announced that CEO Paddy Spence and President Amy Taylor will participate in a virtual fireside chat at UBS’ Consumer Disruption Day conference on September 24 at 10:15 a.m. Eastern Time. The webcast will be available on Zevia’s Investor Relations website and a replay will be accessible for 30 days post-event. Zevia specializes in zero sugar beverages made from plant-based ingredients, aiming to combat health issues from sugar consumption. Their products are distributed in over 25,000 retail locations across the U.S. and Canada.

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Zevia PBC (NYSE: ZVIA) announced that its CEO, Paddy Spence, will participate in a virtual fireside chat at Cowen’s 2nd Annual Health, Wellness & Beauty Summit on September 14 at 10:00 a.m. ET. The event will be streamed live on Zevia's Investor Relations website and a replay will be available for 30 days after the event. Zevia, a Certified B Corporation, offers a range of zero sugar, zero calorie beverages made from simple, plant-based ingredients, and is distributed across more than 25,000 retail locations in the U.S. and Canada.

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Zevia reported second-quarter results for 2021, achieving record net sales of $34.4 million, a 24% increase from Q2 2020. Gross profit rose to $16.2 million, representing 47% of net sales. However, the company reported a net loss of $0.7 million, or $0.30 per share. Selling and marketing expenses increased to $10.7 million, reflecting higher transportation costs. Zevia's IPO on July 26, 2021, raised approximately $139.7 million to fuel future growth while eliminating 3,000 metric tons of sugar from diets through its zero-sugar offerings.

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Zevia PBC (NYSE:ZVIA) announced its second quarter financial results will be released after market close on August 12, 2021, followed by a conference call at 5:00 p.m. Eastern Time. Investors can access the webcast via the Investor Relations section of Zevia’s website and a replay will be available for approximately 30 days. Zevia is a certified B Corp offering zero sugar, zero calorie beverages made with plant-based ingredients, distributed in over 25,000 locations in the U.S. and Canada.

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FAQ

What is the current stock price of Zevia PBC (ZVIA)?

The current stock price of Zevia PBC (ZVIA) is $2.02 as of November 20, 2024.

What is the market cap of Zevia PBC (ZVIA)?

The market cap of Zevia PBC (ZVIA) is approximately 121.0M.

What is Zevia PBC?

Zevia PBC is a beverage company specializing in zero-calorie, zero-sugar, naturally sweetened drinks. Their products include sodas, energy drinks, organic teas, mixers, kids' drinks, and sparkling water.

When was Zevia PBC founded?

Zevia PBC was founded in 2007.

What makes Zevia's beverages unique?

Zevia's beverages are unique because they are zero-calorie, zero-sugar, and naturally sweetened with stevia, catering to health-conscious consumers.

Where are Zevia's products available?

Zevia's products are available across the U.S. and Canada through various retailers in the food, drug, mass, natural, and e-commerce channels.

Are Zevia's products Non-GMO Project Verified?

Yes, all of Zevia's products are Non-GMO Project Verified.

What is Zevia's mission?

Zevia's mission is to create zero-calorie, naturally sweetened beverages that support the health of individuals and communities.

How does Zevia ensure product innovation?

Zevia is committed to continuously reimagining and innovating its product offerings to challenge the status quo and meet consumer demands.

What recent achievements has Zevia made?

Recent achievements include expanding product lines and enhancing distribution channels to increase consumer access to their beverages.

Where does Zevia derive most of its revenue?

Zevia derives the majority of its revenue from the United States.

What inspired the founding of Zevia PBC?

Zevia PBC was inspired by the opportunity to create healthier beverage alternatives and contribute to a better world.

Zevia PBC

NYSE:ZVIA

ZVIA Rankings

ZVIA Stock Data

121.02M
47.79M
13.28%
51.72%
1.27%
Beverages - Non-Alcoholic
Bottled & Canned Soft Drinks & Carbonated Waters
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United States of America
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