Zevia(ZVIA)

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Zevia(ZVIA) - 2022 Q2 - Earnings Call Presentation
2022-08-13 05:06
al G Q2 2022 FINANCIAL RESULTS AUGUST 11, 2022 STATEMENT This presentation and the related earnings press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words such as "guidance," "believe," "anticipate," "expect," "estimate," ...
Zevia(ZVIA) - 2022 Q2 - Earnings Call Transcript
2022-08-13 05:05
Zevia PBC (NYSE:ZVIA) Q2 2022 Earnings Conference Call August 11, 2022 8:30 AM ET Company Participants Reed Anderson - Investor Relations Paddy Spence - Chairman Amy Taylor - President and Chief Executive Officer Denise Beckles - Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Bryan Spillane - Bank of America Dana Telsey - Telsey Advisory Group Ben Bienvenu - Stephens Andrew Strelzik - BMO Capital Markets Operator Good morning and welcome to Zevia’s Second Quarter 2022 Ear ...
Zevia(ZVIA) - 2022 Q2 - Quarterly Report
2022-08-11 20:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40630 Zevia PBC (Exact Name of Registrant as Specified in its Charter) Delaware 86-2862492 (State or Other Jurisdiction of Incor ...
Zevia(ZVIA) - 2022 Q1 - Earnings Call Transcript
2022-05-12 23:52
Zevia PBC (NYSE:ZVIA) Q1 2022 Earnings Conference Call May 12, 2022 8:30 AM ET Company Participants Reed Anderson - Investor and Customer Relations Padraic Spence - Chairperson and Chief Executive Officer Amy Taylor - President Denise Beckles - Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Ben Bienvenu - Stephens Andrew Strelzik - BMO Capital Markets Bryan Spillane - Bank of America Chris Carey - Wells Fargo Securities Alton Stump - Loop Capital Operator Hello, and welco ...
Zevia(ZVIA) - 2022 Q1 - Quarterly Report
2022-05-12 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40630 Zevia PBC (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organiz ...
Zevia(ZVIA) - 2021 Q4 - Annual Report
2022-03-11 21:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40630 Zevia PBC (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization ...
Zevia(ZVIA) - 2021 Q4 - Earnings Call Presentation
2022-02-27 16:51
ential Stephanie Schor Q4 2021 FINANCIAL RESULTS FEBRUARY 24, 2022 STATEMENT This presentation and the related earnings press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words such as "guidance," "believe," "anticipate," " ...
Zevia(ZVIA) - 2021 Q4 - Earnings Call Transcript
2022-02-24 17:12
Zevia PBC (NYSE:ZVIA) Q4 2021 Earnings Conference Call February 24, 2022 8:30 AM ET Company Participants Padraic Spence – Chairperson and Chief Executive Officer Amy Taylor – President William Beech – Chief Financial Officer Reed Anderson – Investor and Customer Relations Conference Call Participants Ben Bienvenu – Stephens, Inc. Alton Stump – Loop Capital Sarang Vora – Telsey Advisory Group Chris Carey – Wells Fargo Daniel Belton – BMO Capital Markets Operator Hello, and welcome to today's Zevia’s Q4 2021 ...
Zevia(ZVIA) - 2021 Q3 - Earnings Call Transcript
2021-11-12 22:00
Financial Data and Key Metrics Changes - In Q3 2021, Zevia achieved record net sales of $39 million, representing a 22% increase compared to Q3 2020, driven by 26% volume growth and a 4% investment in price mix [15][51] - The company expects Q4 2021 net sales to be between $36 million and $38 million, reflecting a growth of 30% to 37% compared to Q4 2020, leading to a full-year net sales expectation of $140 million to $142 million, or 27% to 29% growth versus fiscal 2020 [14][61] - Adjusted EBITDA for Q3 was negative $3.5 million, compared to a profit of $3 million in Q3 2020, primarily due to increased sales promotion and marketing costs [17][57] Business Line Data and Key Metrics Changes - Zevia's household penetration increased from 2.4% to 2.6%, an 8% increase year-over-year, indicating growth in consumer reach [17] - The buying rate for households purchasing Zevia grew from $33.40 to $38.80, a 14% increase, demonstrating increased purchasing among current consumers [18] Market Data and Key Metrics Changes - Zevia is expanding into the warehouse club channel, with 58% of buyers in this channel being new to the brand, indicating significant growth potential [22] - The e-commerce channel remains strong, with Zevia's Rainbow Pack being the number one selling soft drink item on Amazon [20] Company Strategy and Development Direction - The company is focused on channel expansion and innovation as key growth levers, with significant progress in Q3 [19][23] - Zevia aims to enhance its marketing mix and invest in brand refresh initiatives to improve consumer awareness and trial [41][49] Management's Comments on Operating Environment and Future Outlook - Management acknowledges cost pressures from input costs but remains confident in mitigating these through operational efficiencies and strategic investments [13][35] - The company maintains a long-term growth algorithm of 30% net sales growth, supported by strong brand loyalty and repeat purchasing metrics [14][61] Other Important Information - Zevia eliminated over 3,000 metric tonnes of sugar from consumers' diets in Q3 2021, contributing to its mission of improving public health [27] - The company has a strong focus on sustainability, having eliminated over 50 million plastic bottles from the environment [28] Q&A Session Summary Question: Sales growth deceleration in Q3 - Management explained that Q3 typically does not see significant new distribution gains, focusing instead on velocity gains, and expressed confidence in ongoing expansion opportunities [68][70] Question: Pricing strategy and promotional activity - Management clarified that while they do not plan a broad price increase in 2021, they have the ability to adjust pricing by channel and geography, and are currently focused on promotional activities to drive trial and repeat purchasing [81][82] Question: Execution risks in new channels - Management expressed confidence in their execution capabilities, highlighting their strong service levels and the favorable supply chain characteristics of the club channel [106][109] Question: Gross margin compression - Management attributed gross margin compression to increased promotional investments and cost pressures, indicating a strategic approach to promotional activity moving forward [114][116] Question: Marketing effectiveness and strategy - Management discussed a shift towards a more sophisticated marketing strategy that includes both push and pull tactics to drive consumer awareness and trial [100][102]
Zevia(ZVIA) - 2021 Q3 - Quarterly Report
2021-11-12 20:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40630 Zevia PBC (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Org ...