AB InBev’s Post

Lion leaders, James Brindley and anubha sahasrabuddhe, outline key decisions underpinning a year of 'transformation and growth’ "We are dedicated to growing our business with consumers and customers and have unwavering commitment to our purpose – Making the Moment Mean More. "Beer remains a core strength and an important force in the alcohol market. We're dedicated to the beer category and investing in our iconic brands to elevate them further. At the same time, RTDs and spirits are key growth areas, and we're building the capabilities to become a respected challenger in these segments." Read more: https://lnkd.in/eCmUQCES

🚨 Industry Update: Spindrift Beverage Company is set to join forces with private equity group Gryphon Investors, who are acquiring a majority stake in the sparkling water brand. With this transition, seasoned CPG leader Dave Burwick has been named CEO. Full details below ⬇️ https://lnkd.in/gEFpcJad #BeverageIndustry 🍹 #CPGLeadership #MergersAndAcquisitions #SparklingWater

"Competitive Strategy- which advocates that companies cannot just focus on their competitors; they should compete against their suppliers, regulators, customers, and even employees." Does anyone else see this in the beer business? We can do better and we must do better. Dwindling sales are no more a problem than the hyper-focus of maximizing shareholder equity. The combination of the two are tearing apart the very fabric of the craft beer industry, which made it so attractive to consumers in the first place. Don't discount what the industry succeeded on, and try to blame the younger generations for not getting it, when in fact we are as an industry losing what it was.

Campbell's Soup CEO: Splitting The food Giant Eventually is a ‘Possibility’. CEO Mark Clouse recently addressed the possibility of splitting the company's snacks business from its meals and beverages unit. While any separation isn't on the immediate horizon, Clouse remains confident in the company's robust business structure. Campbell Soup, a legacy brand with a 155-year history, is strategically focusing on the growth of its renowned brands like Goldfish and Pepperidge Farm. This approach underscores their commitment to value creation for shareholders and a promising future portfolio. As the company continues to prioritize its 16 leadership brands and expand its offerings, the potential for future discussions about restructuring highlights Campbell's proactive stance in the evolving food industry landscape. Read the full article here: https://lnkd.in/gfDha3Em #FlavorWiki #CampbellSoup #BusinessStrategy #BrandGrowth #LeadershipInsights

Last year I shared a post about a couple of “Cool Chix” I serendipitously met during an event at Compass Group USA headquarters. Tracey Richardson (left) is the CEO/co-founder of Lilly’s of Charleston, and Miffy Jones (right) is the owner of Miffy’s Foods. Through the magic of the Foodbuy USA Supplier Diversity Accelerator program and the Eurest USA Better Together program, these women-owned businesses have partnered together to pair Tracey’s sensational seasoning and sauces with Miffy’s amazing all-purpose baking mix on chicken nuggets (“Cool Chix”) and wings (“Fly Chix”). Who doesn’t like food that is both cool and fly! So imagine my delight when I crisscrossed paths again with Tracey and Miffy last week during the Eurest and ESFM Supplier Diversity Summit – “The Power of Intentionality and Partnership” – at Truist Field in Charlotte. A robust mix of representatives from minority- and women-owned businesses came together with Compass leaders and supplier partners to share conversation about growth, distribution strategy, and solutions to the challenges they face on their journey. As Miffy noted during one of the panel discussions, “We’re creative people and we just want to create good stuff.” That good stuff also includes a commitment to inclusivity, making people feel like they belong so that they can be the best version of themselves, and employing folks from the local communities we serve so that our partnerships thrive and endure. Food is at the core of what we do here at Compass – engaging in a way that has meaningful impact is what gives us sustenance. #enchantment #sustenance #dei #eurest #foodbuy #compassgroup

What's New to The Street... 🍻 Cheers to Progress! 🍹  Carlsberg gets the green light for its $4.2 billion Britvic deal after receiving approvals from the U.K.’s Competition and Markets Authority and the European Commission. This marks a major step forward in the beverage giant’s expansion plans.  What do you think this means for the future of the industry? Share your thoughts below! 👇  👉🏻Follow New To The Street for more!   #Carlsberg #Britvic #MergersAndAcquisitions #BusinessNews #BeverageIndustry #CorporateStrategy #BreakingNewsn #Innovation #Businessupdate #Businessnews #Business #News #Newtothestreet

Chart of the Day: (06/13/24) CAVA Group Inc. (CAVA, NYSE) Open Position: 3.5% ACB: $73.22 Last: $91.52 Stop: $75 CAVA Group, Inc. owns and operates a chain of restaurants under the CAVA brand in the United States. Cava Group, Inc. was founded in 2006 and is headquartered in Washington, the District of Columbia. CAVA is a strong growth story. In 2023, revenue grew 59.8% to $717.1 million as compared to $448.6 million in the prior year. In 2024 and will hit 1.3 Billion FY Rev. Some restaurant stocks, like Chipotle Mexican Grill (CMG, NYSE) and Wingstop (WING, NYSE) have been very strong over the last year but never made it into our fund. CAVA, is joining the group in the healthy food space, demonstrating that US consumers are still spending money. After breaking above the IPO highs in April, CAVA pulled back to retest the breakout then broke higher in perfect technical fashion. Now having cleared a $10 Billion market cap, above $95 opens the door for a run at $100 share price which is likely to be the next resistance.

What's New to The Street... 🍻 Cheers to Progress! 🍹  Carlsberg gets the green light for its $4.2 billion Britvic deal after receiving approvals from the U.K.’s Competition and Markets Authority and the European Commission. This marks a major step forward in the beverage giant’s expansion plans.  What do you think this means for the future of the industry? Share your thoughts below! 👇  👉🏻Follow New To The Street for more!   #Carlsberg #Britvic #MergersAndAcquisitions #BusinessNews #BeverageIndustry #CorporateStrategy #BreakingNewsn #Innovation #Businessupdate #Businessnews #Business #News #Newtothestreet