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Tilray Brands Reconfirms Strategy to Regain Nasdaq Compliance; Requests Extension to Meet Listing Requirements
Globenewswire· 2025-08-14 11:00
Core Viewpoint - Tilray Brands, Inc. is seeking an extension to comply with Nasdaq's listing standards due to recent trading fluctuations and is considering a Reverse Stock Split to improve its capital structure [1][2]. Company Overview - Tilray is a global lifestyle consumer packaged goods company operating in the cannabis, beverage, and wellness sectors, with a mission to inspire joy and create memorable experiences through its diverse product offerings [3]. Recent Developments - The company's stock has appreciated recently, attributed to President Trump's review of cannabis rescheduling, reflecting increased investor confidence in Tilray's diversified platform and growth potential [2]. - Tilray is exploring multiple options to meet Nasdaq's requirements, indicating a strategic approach to enhance its market position and shareholder value [2]. Market Position - Tilray supports over 40 brands across more than 20 countries, emphasizing its role as a transformative force in the cannabis and consumer goods industries [3].
X @CoinGecko
CoinGecko· 2025-08-13 16:35
NEWS: Safety Shot Inc. ($SHOT), a Nasdaq-listed health beverage company, is pivoting to become a $BONK memecoin treasury.Here's what's happening 👇 https://t.co/Xiyfgm727r ...
Tilray Expands Hemp-Derived Delta-9 THC Beverage Lineup with 10mg Drinks from Fizzy Jane's and Happy Flower Brands
GlobeNewswire News Room· 2025-08-12 11:00
NEW YORK, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray") (NASDAQ: TLRY and TSX: TLRY) is building on the momentum of its hemp-derived Delta-9 THC (HDD9) beverage portfolio with new 10mg format extensions from its brands: Fizzy Jane's and Happy Flower. Fizzy Jane's, the sparkling seltzer line that debuted this spring in Georgia, North Carolina, and South Carolina, is now available in a 10mg HDD9 THC format, enhancing the buzz while keeping the same crisp, fruit-forward refreshment fans love ...
Happy Belly Food Group Signs 3-YR Exclusive Contract with Coca-Cola Canada Bottling Company
Newsfile· 2025-08-11 10:00
Core Insights - Happy Belly Food Group Inc. has secured an exclusive supply agreement with Coca-Cola Canada Bottling Limited, designating Coca-Cola as its preferred beverage partner for all brands in its portfolio [1][2] - This partnership is expected to enhance operational efficiency, reduce food costs, and streamline inventory management across multiple locations [2][4] - The agreement marks the third national partnership for Happy Belly, following previous agreements with Sysco and TOAST, indicating ongoing growth and expanding scale for the company [3][4] Group 1 - The partnership with Coca-Cola allows Happy Belly to leverage Coca-Cola's buying power and national account benefits, ensuring consistent access to high-volume products at competitive prices [2][3] - Coca-Cola's reliable supply chain support is anticipated to minimize stock shortages and improve forecasting and planning capabilities for Happy Belly [2] - The company aims to become Canada's leading restaurant consolidator by emphasizing operational discipline and brand scalability [4] Group 2 - Happy Belly's previous partnership with Sysco, established on January 17, 2025, has enabled the company to leverage consolidated purchasing power and improve service quality across its franchise network [3] - The multi-year partnership with TOAST, secured on April 4, 2025, provides advanced Point-of-Sale, loyalty, and analytics solutions to support Happy Belly's diverse portfolio [3] - The company is focused on creating long-term shareholder value and building a high-performance platform of emerging restaurant brands [4]
Matcha mania leads to concerns over supply and prices as Japanese tariffs loom
NBC News· 2025-08-06 01:30
It's the bright green drink that's now a lot of people's cup of tea. Every time someone else is getting coffee, I'm like, "Okay, give me the matcha." Matcha, a vibrant powder swirled into lattes, lemonades, and ice cream. Oh, it's really good. It's so creamy.The budding obsession is rooted in a rich history. Matcha has been used in Japanese tea ceremonies and appreciated for its apparent health benefits for centuries. in like the 1200s, 1300s, like people in Japan were talking about that and promoting it li ...
American Rebel Holdings, Inc. (NASDAQ: AREB) Reports Triple-Digit Reorders and Accelerated Sell-Through for American Rebel Light Beer at Authorized and Active Total Wine & More Locations
Globenewswire· 2025-08-05 12:30
Core Insights - American Rebel Holdings, Inc. reports strong retail performance for American Rebel Light Beer, driven by patriotic consumer demand and aggressive restocking across Total Wine & More locations [1][2][3] Company Performance - American Rebel Light Beer has achieved a 94.12% restocking order rate among active authorized accounts, indicating strong customer resonance [2] - The average restocking orders in June 2025 were 105% of the initial May 2025 order, with top accounts reordering at 245% of their initial volume [7] - By July 2025, cumulative reorders reached 330% across all June 2025 accounts, showcasing exceptional consumer pull-through [13] Market Positioning - The brand positions itself as "America's Patriotic Beer," appealing to consumers with its bold branding and all-natural ingredients, which include approximately 100 calories, 3.2 carbohydrates, and 4.3% ABV per 12 oz serving [16][21] - The company aims to become the 1 Domestic Light Beer in America, emphasizing its unique market fit and consumer demand [12] Retail Strategy - Total Wine & More is a key partner, with over 250 locations nationwide, playing a significant role in the alcohol industry and contributing to the brand's visibility and sales [3] - The rollout of American Rebel Light Beer is ongoing, with initial placements in 62 Total Wine & More locations across multiple states [2][20] Consumer Engagement - The brand has seen repeat purchase behavior fueled by in-store samplings, validating its product-market fit and patriotic brand loyalty [9] - American Rebel Light Beer is marketed as a healthier option in the beer segment, appealing to health-conscious consumers [11][16]
Ingredion(INGR) - 2025 Q2 - Earnings Call Presentation
2025-08-01 13:00
Financial Performance - Q2 2025 - Net sales decreased by 2% from $1.878 billion in Q2 2024 to $1.833 billion in Q2 2025[32] - Gross profit increased by 7% from $446 million in Q2 2024 to $477 million in Q2 2025[32] - Gross profit margin increased by 230 basis points, from 23.7% in Q2 2024 to 26.0% in Q2 2025[32] - Reported operating income increased by 13% from $240 million in Q2 2024 to $271 million in Q2 2025[32] - Adjusted operating income increased by 1% from $270 million in Q2 2024 to $273 million in Q2 2025[32] - Reported diluted EPS increased from $2.22 in Q2 2024 to $2.99 in Q2 2025, an increase of $0.77 per share[32] - Adjusted diluted EPS remained flat at $2.87 in both Q2 2024 and Q2 2025[32] Financial Performance - Year-to-Date (YTD) 2025 - Net sales decreased by 3% from $3.760 billion in YTD 2024 to $3.646 billion in YTD 2025[41] - Adjusted operating income increased by 12% from $486 million in YTD 2024 to $546 million in YTD 2025[14,41] - Adjusted diluted EPS increased by $0.88 per share, from $4.96 in YTD 2024 to $5.84 in YTD 2025[41,42] Full Year 2025 Outlook - The company expects net sales to be flat[45] - The company expects adjusted EPS to be between $11.10 and $11.60[45] - The company expects cash from operations to be between $825 million and $950 million[45]
Safety Shot Appoints Markita Russell as Chief Financial Officer
Globenewswire· 2025-07-31 20:05
Core Viewpoint - Safety Shot, Inc. has appointed Markita L. Russell as the new Chief Financial Officer, bringing over 30 years of financial and accounting experience to the role, which is expected to support the company's growth and strategic initiatives [1][4]. Company Overview - Safety Shot, Inc. is a wellness and dietary supplement company known for its product Sure Shot, which is designed to lower blood alcohol content while enhancing clarity, energy, and mood [5]. - The company is expanding its business-to-business sales of Sure Shot to various distributors, retailers, restaurants, and bars throughout 2025 [5]. Leadership Background - Markita L. Russell has been with Safety Shot since August 2021 as the Controller and has a strong background in managing financial operations across diverse industries, including beverage, law, technology, and real estate [2][3]. - Notably, she played a key role in growing a marine industry company from $7 million in gross revenue in 2012 to $56.8 million by the end of 2020, showcasing her capability in managing significant growth [3]. Strategic Importance - The CEO of Safety Shot, Jarrett Boon, expressed confidence in Russell's financial acumen and her experience in the beverage industry, which will be crucial for the company's expansion and integration of new strategic initiatives [4]. - Russell emphasized her commitment to fortifying the company's financial operations and driving long-term shareholder value during this pivotal time for Safety Shot [4].
High Noon recalls some 12-packs, saying they may contain Celsius energy drink cans filled with vodka seltzer
CNBC· 2025-07-30 19:36
Company Overview - High Noon is one of the fastest-growing ready-to-drink alcohol brands in the U.S., owned by E. & J. Gallo Winery [4] - The brand is best known for its fruit-flavored vodka seltzers sold in variety packs [4] Recall Details - High Noon has issued a nationwide recall of its vodka seltzer drinks due to the potential presence of Celsius energy drink cans filled with the alcoholic beverage [1] - The affected cans are labeled as Celsius Astro Vibe Sparkling Blue Razz Edition and were found in certain shipments of High Noon's Beach Variety 12-packs [1] Health and Safety Concerns - The error could lead to unintentional alcohol consumption, posing health and safety risks, particularly for children or individuals who avoid alcohol for medical or religious reasons [2] - No illnesses or injuries have been reported in connection with this recall [2] Distribution and Customer Action - The affected products were shipped to retailers and distributors in late July, reaching multiple states including Florida, Michigan, New York, Ohio, Oklahoma, South Carolina, Virginia, and Wisconsin [3] - High Noon is advising customers to dispose of any affected Celsius cans and to contact the company for a refund [3]
Tilray Brands Reports Fourth Quarter and Fiscal 2025 Financial Results
Globenewswire· 2025-07-28 20:30
Core Insights - Tilray Brands, Inc. reported a fiscal year net revenue of $821 million, with a constant currency revenue of $834 million, impacted by strategic decisions that affected revenue by $35 million [1][12] - The company achieved its second-highest consolidated adjusted EBITDA in history during Q4 [1] - International cannabis revenue surged by 71% in Q4 and 19% for the fiscal year, with Canadian cannabis maintaining the top revenue position [1][4] - Tilray Beverages and Tilray Wellness experienced revenue growth of 19% and 9%, respectively, for the fiscal year [1][11] Financial Performance - Fiscal year 2025 net revenue increased by 4% to $821.3 million compared to $788.9 million in the prior fiscal year [13] - Gross profit for the fiscal year rose by 8% to $240.6 million, with a gross margin of 29% [13] - Cannabis net revenue for fiscal 2025 was $249 million, down from $272.8 million in the previous year, primarily due to strategic margin preservation efforts [13][11] - Adjusted EBITDA for fiscal 2025 was $55 million, compared to $60.5 million in the prior fiscal year [13] Strategic Initiatives - The company is focusing on international growth, with a 19% increase in international cannabis revenue and a 112% growth in European cannabis revenue when excluding Australia [4][5] - Tilray has made strategic acquisitions in the beverage sector, acquiring four craft brands from Molson Coors to enhance its market presence [6] - The introduction of hemp-derived Delta-9 THC drinks in the U.S. is part of Tilray's strategy to innovate at the intersection of cannabis, beverages, and wellness [7] Balance Sheet and Liquidity - Tilray reported a strong balance sheet with $256 million in cash and marketable securities, and total debt repayments of approximately $100 million to date [2][8] - The net debt to trailing twelve months adjusted EBITDA ratio stands at 0.3x, indicating strong financial health [8] Future Outlook - For fiscal year 2026, the company expects adjusted EBITDA to be between $62 million and $72 million, representing growth of 13% to 31% compared to fiscal year 2025 [12][11] - The company anticipates significant growth opportunities in cannabis, beverage, and wellness sectors, particularly in Europe and emerging markets [3][4]