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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.
Zevia PBC (NYSE: ZVIA) announced the appointments of Denise Beckles as Chief Financial Officer and Quincy Troupe as Chief Operating Officer, effective May 3 and June 13, 2022, respectively. Beckles, with over 25 years of finance leadership experience, aims to drive profitable growth, while Troupe, a veteran of the consumer-packaged goods industry, will focus on product innovation and supply chain optimization. The previous CFO, Bill Beech, and COO, Hank Margolis, are stepping down as part of this leadership transition.
Zevia PBC, trading under NYSE: ZVIA, has announced that its CEO, Paddy Spence, and President, Amy Taylor, will participate in two investor conferences. These include the BofA Securities Consumer & Retail Technology Conference on March 8-9, 2022, in New York, NY, and the UBS Global Consumer and Retail Conference on March 9-10, 2022, in Boston, MA. The presentations will be webcast live, with replays available afterward. Zevia offers a zero sugar, plant-based beverage portfolio, targeting health-conscious consumers.
Zevia PBC (NYSE: ZVIA) reported a strong fourth quarter with net sales increasing 23% to $34.2 million and a full-year increase of 26% to $138.2 million. The volume grew by 22% in Q4 and 25% for the year. However, the company faced a net loss of $37.4 million in Q4 and $87.7 million for 2021. Despite inflationary pressures impacting gross profit margins, expected net sales for 2022 are projected between $177 million and $182 million, indicating a robust growth outlook.
Zevia PBC (NYSE:ZVIA) will disclose its financial results for Q4 and full year 2021 on February 24, 2022, before the market opens. A conference call is scheduled for 8:30 a.m. ET to discuss the outcomes. Interested parties can access the webcast via Zevia's Investor Relations webpage or directly through a provided link. A replay will be available for 30 days post-call. Zevia offers zero sugar, calorie-free beverages, and is distributed in over 25,000 retail locations across the U.S. and Canada.
Zevia PBC (NYSE: ZVIA) has announced that its CEO, Paddy Spence, and President, Amy Taylor, will engage in a virtual fireside chat at the 2022 ICR Conference on January 10, 2022, at 10:00 a.m. ET. The event will be accessible via Zevia's Investor Relations website, with a replay available for 30 days post-event. Zevia is committed to providing zero sugar, naturally sweetened beverages made from plant-based ingredients, catering to health-conscious consumers. The company operates in over 25,000 retail locations across the U.S. and Canada, ensuring broad accessibility.
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.
Zevia PBC reported a record net sales of
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.
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.