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BellRing Brands (BRBR) Faces Investor Scrutiny Amid Upcoming Retailer Destocking, Share Price Decline; BRBR Investors With Substantial Losses And Persons With Knowledge Encouraged To Contact Hagens Berman
GlobeNewswire News Room· 2025-07-21 21:24
SAN FRANCISCO, July 21, 2025 (GLOBE NEWSWIRE) -- On May 6, 2025 investors in BellRing Brands, Inc. (NYSE: BRBR) saw the price of their shares decline about 19% after BellRing announced during its Q2 2025 earnings call that it anticipated Q3 2025 reduction in retailer inventory levels. This announcement has prompted national shareholders rights firm Hagens Berman to open an investigation into whether BellRing Brands may have violated the securities laws concerning the company’s sales practices. The firm urge ...
Farmer Brothers Coffee Announces Plan to Explore Strategic Alternatives
Globenewswire· 2025-07-21 20:30
Core Viewpoint - Farmer Bros. Co. has initiated a strategic review process to explore options for maximizing shareholder value, engaging independent financial and legal advisors to assist in this evaluation [1][3]. Group 1: Strategic Review Process - The company has formed a strategy committee composed of independent directors to evaluate a range of strategic alternatives aimed at enhancing shareholder value [3]. - North Point Mergers and Acquisitions, Inc. has been engaged as the financial advisor, while Winston & Strawn LLP will serve as legal counsel during this process [3]. - There is no set timetable for the review process, and the company will not disclose further developments until deemed appropriate [4]. Group 2: Operational Improvements - Over the past two years, Farmer Bros. has made significant strides in transforming its operations and improving business performance, particularly following the 2023 sale of its direct ship business [2]. - The company believes that the current timing is suitable for exploring additional options to maximize shareholder value [2]. Group 3: Company Overview - Founded in 1912, Farmer Bros. Co. is a national coffee roaster, wholesaler, and distributor of coffee, tea, and culinary products, with a diverse product line including organic and sustainably produced coffee [5]. - The company serves a wide range of U.S.-based customers, from small independent restaurants to large institutional buyers, and its primary brands include Farmer Brothers, Boyd's Coffee, and others [6].
Westrock Coffee Company to Report Second Quarter 2025 Financial Results on August 7th, 2025
Globenewswire· 2025-07-21 20:05
Company Announcement - Westrock Coffee Company will report its second quarter 2025 results on August 7, 2025, after market close [1] - A live earnings conference call will follow the announcement at 4:30 p.m. ET [1] Participation Information - Interested participants can register for the live earnings call, with dial-in information provided directly [2] - The live audio webcast will be available in the "Events and Presentations" section of the Company's Investor Relations website [2] - An archived replay of the webcast will be accessible shortly after the live event concludes [2] Company Overview - Westrock Coffee is a leading integrated provider of coffee, tea, flavors, extracts, and ingredients solutions in the U.S. [3] - The Company offers services including coffee sourcing, supply chain management, product development, roasting, packaging, and distribution [3] - Westrock Coffee operates in 10 countries and sources coffee and tea from 35 origin countries [3]
CHIPS AHOY! Enters the Upside Down for the Most Anticipated Netflix Release Yet: Stranger Things 5!
Prnewswire· 2025-07-21 13:00
Accessibility StatementSkip Navigation The CHIPS AHOY! x Stranger Things Limited-Edition Cookie is inspired by the Upside Down, a dark alternate dimension that has played a key role throughout every season of Stranger Things. The cookies feature a new CHIPS AHOY! chocolatey base, fudge chips and a red strawberry-flavored filling. The brand's first-ever fruit- flavored filling peeks through the chocolatey cookie to represent the Rifts that are the entrance to the Upside Down. Before they even taste the delec ...
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Reckitt Benckiser Group plc(RBGLY) Shareholders
Prnewswire· 2025-07-21 12:45
NEW YORK, July 21, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Reckitt Benckiser Group plc (OTC PINK: RBGLY). Shareholders who purchased shares of RBGLY during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: January 13, 2021 to July 28, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issue ...
Nutri-Grain Launches "Not Sorry" Campaign with Reality TV's Most Unapologetic Stars
Prnewswire· 2025-07-21 12:00
Nutri-Grain Launches "Not Sorry" Campaign with Reality TV's Most Unapologetic Stars Post this The campaign stars Chris Hughes, Cirie Fields and Aesha Scott — three personalities known for their unfiltered charm and legendary moments on-screen — each delivering their own over-the-top "apology" for something they've said or done in front of millions. But of course, they're not actually sorry — because when you're living unapologetically, there's nothing to apologize for. "Nutri-Grain gives you the kind of nut ...
太原市市场监督管理局2025年第6期食品安全监督抽检信息通告
Zhong Guo Zhi Liang Xin Wen Wang· 2025-07-21 07:26
Summary of Key Points Core Viewpoint The recent food safety inspection conducted by the Taiyuan Market Supervision Administration revealed that out of 220 food samples tested, 210 were compliant with national food safety standards, while 10 samples were found to be non-compliant. Local regulatory authorities are currently investigating the non-compliant products, and consumers are encouraged to report any such products they encounter in the market. Group 1: Inspection Results - A total of 220 food samples were collected across 24 categories, including starch products, beverages, and processed foods [2] - Out of these, 210 samples passed the safety standards, resulting in a compliance rate of approximately 95.5% [2] - The 10 non-compliant samples are under investigation by local market supervision departments [2] Group 2: Consumer Guidance - Consumers who find any of the reported non-compliant food products in the market are advised to report them by calling 12315 [2] - The announcement serves to inform the public about food safety and encourage vigilance in food purchasing [2] Group 3: Categories of Food Tested - The inspection covered a wide range of food categories, including alcoholic beverages, snacks, frozen foods, and various processed products [2] - Specific categories included starch and starch products, alcoholic beverages, convenience foods, and edible oils [2]
Coffee giant Nescafe targets Gen Z as consumption habits shift
CNBC· 2025-07-19 09:25
Core Insights - Nescafe is targeting the growing cold coffee market to attract younger consumers, particularly Gen Z, who are increasingly consuming iced coffee [2][3] - The company aims to reposition coffee as an all-day beverage, moving beyond traditional morning consumption [3][11] - Nescafe's new product, Espresso Concentrate, allows for customization and is part of a broader strategy to innovate within the coffee category [6][7] Company Strategy - Nescafe and Nespresso are two of Nestle's six key priorities for 2025, indicating a strong focus on coffee as a growth area [3] - CEO Laurent Freixe emphasizes the need for fewer but more impactful innovations, with coffee being a category with high potential for success [5] - The company is exploring adjacent markets, including traditional tea markets in India, China, and Japan, and positioning coffee as a sophisticated alternative to alcohol [9][11] Market Trends - One-third (32%) of out-of-home coffee consumption is iced, highlighting a significant trend towards cold coffee beverages [2] - Younger consumers are drinking less alcohol, creating an opportunity for coffee to be marketed as an adult beverage alternative [10][11] - The launch of Nescafe Espresso Concentrate in various international markets, including the U.S., U.K., and China, reflects a strategic expansion plan [8]