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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
Core Insights - BellRing Brands, Inc. experienced a significant decline in share price, dropping approximately 19% following the announcement of anticipated reductions in retailer inventory levels for Q3 2025 [1][5] Company Performance - The company, known for its Premier Protein and Dymatize products, initially projected strong consumer demand and growth momentum entering 2025 [3] - However, during the Q2 2025 earnings call, BellRing indicated that several retail partners decided to lower their inventory levels, which would create a "mid-single-digit headwind" to growth estimates for Q3 [4] - The revised outlook suggested that net sales growth for the upcoming quarter would likely only reach low-single-digits, with Premier Protein expected to sustain growth while other brands stagnated or declined [4] Investor Reaction - The announcement led to a sharp decline in BellRing's stock price, closing down nearly 19%, equating to a loss of $14.88 per share as investors reacted to the news of slowing sales and retail inventory adjustments [5] - Hagens Berman, a national shareholders rights firm, has initiated an investigation into whether BellRing may have misled investors regarding consumer demand and inventory levels [2][5]
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
Core Insights - The collaboration between CHIPS AHOY! and Stranger Things represents a significant cultural moment, merging two beloved brands to create an engaging experience for fans of both the cookies and the show [3] Product Launch - The CHIPS AHOY! x Stranger Things Limited-Edition Cookie features a chocolatey base, fudge chips, and a unique red strawberry-flavored filling, marking the brand's first fruit-flavored filling [1] - The cookies will be available for pre-order starting August 11, with a retail price beginning at $5.79, and will be sold in traditional trays and 2-count portion packs [5] Marketing and Engagement - An immersive augmented-reality game will be launched on August 11, allowing fans to find hidden CHIPS AHOY! cookies within the game, with in-game achievements offering chances to win exclusive prizes [2] - The packaging of the cookies incorporates design elements from Stranger Things and features a glow-in-the-dark aspect, enhancing the overall consumer experience [1] Cultural Impact - Stranger Things has become one of Netflix's most popular shows since its debut in July 2016, with its fourth season achieving over 140.7 million views globally [3][7] - The series has garnered over 70 awards and has significantly influenced pop culture, including reviving interest in 1980s nostalgia [7] Upcoming Content - The fifth and final season of Stranger Things is set to premiere with episodes released on November 26, December 25, and December 31, 2023 [4]
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
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]
X @Forbes
Forbes· 2025-07-20 20:30
Business Overview - Kettle & Fire turned bone broth into a $100 million business [1]
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]
X @Forbes
Forbes· 2025-07-18 21:10
How Kettle & Fire Turned Bone Broth Into A $100 Million Business https://t.co/RtJHFGsGdl https://t.co/RtJHFGsGdl ...