CPG

Tilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results

Retrieved on: 
Tuesday, April 9, 2024
Diamond, MedMen, CPG, SweetWater Brewing Company, Blue Point Brewing Company, Craft, Cannabis, Weather, TLRY, Minhas Craft Brewery, Acquisition, Metro New York, Adjustment, TSX, Highball, Drink, Oil, Wellness, Shock, Anheuser-Busch, Beer, Advertising, Prior, Conference, Breckenridge Brewery, Growth, Environment, Tilray, Snack, Pacific Northwest, Drug

ET Today

Key Points: 
  • ET Today
    NEW YORK and LEAMINGTON, Ontario, April 09, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray”, “our”, “we” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today reported financial results for its third quarter ended February 29, 2024.
  • Beverage-alcohol gross profit increased 89% to $18.9 million in the third quarter from $10.0 million in the prior year quarter.
  • Completed Canadian cannabis business cost reduction plan launched during fiscal year 2022 and international cannabis business plan launched during fiscal year 2023.
  • For its fiscal year ending May 31, 2024, the Company is now guiding to an Adjusted EBITDA target of $60 million to $63 million.

AUDIENCEX and MBuy Announce Strategic Merger to Offer Enhanced Omnichannel Advertising Solutions

Retrieved on: 
Thursday, April 4, 2024
Entrepreneurship, Data science, Health, Digital, Education, SVP, CPG, Investment, AXI, Tradition, Telecommunications, Sales

VENICE, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- AUDIENCEX, a leader in AI-enabled digital advertising, and MBuy, the every-channel media buying and optimization partner, have today announced a strategic merger to combine forces, offering tech-driven strategy, media, and creative solutions for brands and agencies that unify digital and traditional channels with integrated performance solutions.

Key Points: 
  • "Joining forces with AUDIENCEX marks an exhilarating new chapter of development for MBuy,” said Andrew Zucker, SVP and General Manager at MBuy.
  • Extensive Technology Access: Mediaocean will enable a seamless transition for existing MBuy clients while providing AUDIENCEX clients broader access to additional enterprise-level software and technology solutions.
  • Streamlined Client Experience: Clients of AUDIENCEX and MBuy will benefit from a streamlined and integrated service solution, navigating the complexities of omnichannel advertising with ease.
  • "As MBuy and AUDIENCEX come together, we look forward to empowering their teams with best-in-class technology for omnichannel advertising.”

EXL named a Leader in Everest Group 2024 Advanced Analytics and Artificial Intelligence (AI) Services Specialists PEAK Matrix® Assessment

Retrieved on: 
Thursday, April 4, 2024
PEAK, Health, EXL, AI, CPG, Investment, BFSI, RFI, Artificial intelligence, Retail

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, announced it has been named a Leader in Everest Group’s Analytics and Artificial Intelligence (AI) Services Specialists PEAK Matrix® Assessment 2024.

Key Points: 
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, announced it has been named a Leader in Everest Group’s Analytics and Artificial Intelligence (AI) Services Specialists PEAK Matrix® Assessment 2024.
  • EXL is the top performer and Leader among the 26 leading analytics and AI service providers in categories including vision and strategy, innovation and investments, and scope of services offered.
  • “EXL has built extensive, diverse, function-specific and cross-functional IP that enhances its service delivery for data, analytics, and AI services and augments its digital operations service and delivery,” said Vishal Gupta, Partner, Everest Group.
  • “EXL’s effective talent management capabilities and strong BFSI, healthcare, and retail and CPG industry knowledge have helped to position EXL as a Leader in Everest Group’s Analytics and Artificial Intelligence Services Specialists PEAK Matrix® Assessment 2024.”
    Each year, Everest Group presents detailed assessments of analytics and artificial intelligence service providers.

Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024

Retrieved on: 
Tuesday, April 2, 2024
Well, Dorado, USGS, Duke University, Transport, CPG, Commerce, Investment, USD, Pontifical university, LSS, Corporate law, EVS, General counsel, PALM, Bureau, Demonstration, Operation, Calendar, OTCQB, HP, Electricity, Ministry of home affairs, Organization, Georgetown University, Allkem, News, Acquisition, National instrument, TSX, Demonstration plant, SLI, Military, Mining, LAAC, Growth, MP3, Livent, Mineral, Behavior, Pan-American, Lithium

A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).

Key Points: 
  • A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).
  • In 2018, Interior Department listed lithium as a critical mineral, which paced up the mine permitting process.
  • Grand View Research continued: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.

Stryve Foods, Inc. Announces Timing of Fiscal Year 2023 Results

Retrieved on: 
Wednesday, March 27, 2024
CPG, Webcast, PIN, EDT, Software

In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EDT Monday, April 1, 2024.

Key Points: 
  • In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EDT Monday, April 1, 2024.
  • Dial 1-888-886-7786 or 1-416-764-8658 at least 10 minutes before the call and ask to be joined into the Stryve call.
  • A replay will be available through November 28, 2023, by dialing 1-844-512-2921 and using the replay PIN number: 96156137#.
  • An archive of the webcast will be available on the corporate website shortly after the call has concluded.

LiveRamp’s Industry Solutions for Retail Achieve “Google Cloud Partner of the Year” Award

Retrieved on: 
Tuesday, April 9, 2024
Software, Professional Services, Search Engine Optimization, Search Engine Marketing, Data Management, Apps, Applications, Technology, Digital Marketing, Data Analytics, Online Privacy, Advertising, Content Marketing, Communications, Cloud, Data science, BigQuery, PAIR, Acquisition, DataOps, CPG, MLOps, Ecosystem, Identity, Looker, Marketing, Corporation, Satellite navigation device

LiveRamp (NYSE: RAMP), the leading data collaboration platform, today announced it has received the 2024 Google Cloud Partner of the Year Award for “Industry Solution - Technology: Retail.” LiveRamp was recognized for delivering solutions that help retailers and brands unlock the value of marketing data and analytics in Google Cloud.

Key Points: 
  • LiveRamp (NYSE: RAMP), the leading data collaboration platform, today announced it has received the 2024 Google Cloud Partner of the Year Award for “Industry Solution - Technology: Retail.” LiveRamp was recognized for delivering solutions that help retailers and brands unlock the value of marketing data and analytics in Google Cloud.
  • The accolade follows LiveRamp’s recognition as Google Cloud’s “Global Industry Technology Partner of the Year” in 2023.
  • “Google Cloud's Partner Awards celebrate the transformative impact and value that partners have delivered for customers," said Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels at Google Cloud.
  • In all, LiveRamp’s flexible solutions support BigQuery, CortexAI, Google Analytics Hub, Google Ads, Google Ads Data Hub, Google PAIR, and Looker with additional connectivity to LiveRamp’s ecosystem of 900 global partners.

Grid Dynamics Recognized as a Leader in Everest Group's Inaugural Google Cloud Services Specialists PEAK Matrix® Assessment 2024

Retrieved on: 
Monday, April 8, 2024
Professional Services, Data Analytics, Technology, Software, Consulting, Artificial Intelligence, Internet, Cloud, Culture, Partnership, Grid, AI, CPG, Price, IP, Fortune 1000, Multimedia, Gen

View the full release here: https://www.businesswire.com/news/home/20240408099782/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240408099782/en/
    Grid Dynamics Recognized as a Leader in Everest Group's Inaugural Google Cloud Services Specialists PEAK Matrix® Assessment 2024 (Graphic: Business Wire)
    “As Google Cloud continues to strengthen its foothold in the enterprise cloud domain by enriching its infrastructure, platform, data, security, and AI/ML offerings, enterprises are increasingly seeking specialized providers.
  • Being recognized as a Leader in the Everest Group's Google Cloud Services Specialists PEAK Matrix® Assessment 2024 underscores our unwavering commitment to expertise and innovation.
  • These factors have contributed to its positioning as a Leader on Everest Group’s Google Cloud Services Specialists PEAK Matrix® Assessment 2024,” said Zachariah Chirayil, Practice Director, Everest Group.
  • Grid Dynamics is also a Google Cloud Retail Search Partner, a Google Cloud Generative AI Launch Partner, and a Google Cloud Vertex AI Partner.

New RELEX Study Reveals AI's Untapped Potential: Retail and CPGs Yet to Fully Embrace Technology that Drives Demand Forecasting Accuracy

Retrieved on: 
Monday, April 8, 2024
Technology, Other Retail, Other Transport, Trucking, Rail, Specialty, Transport, Other Technology, Logistics, Supply Chain Management, Software, Retail, Networks, Mobile, Wireless, Data Management, Online Retail, Artificial Intelligence, Uncertainty, Culture, Organization, Agility, Face, Growth, Omnichannel, Social media, AI, Overalls, CPG, Supply, Strategy, Public key certificate, Machine learning, Collaboration

This suggests that companies may be underestimating AI's role in tackling consumer demand volatility.

Key Points: 
  • This suggests that companies may be underestimating AI's role in tackling consumer demand volatility.
  • The RELEX State of Supply Chain 2024: Retail and CPG Dynamics report offers valuable insights into the challenges, strategic investment areas, and opportunities for retailers and CPGs over the next 3-5 years.
  • The RELEX State of Supply Chain 2024: Retail and CPG Dynamics report explores the challenges, strategic investment areas, and opportunities for retailers and CPGs over the next 3-5 years.
  • The report was conducted by Researchscape and surveyed 285 retail, CPG, and wholesale leaders globally in February 2024.

Rubix Foods Appoints David Perez as CFO

Retrieved on: 
Tuesday, April 9, 2024
CFO, Blue-collar worker, Sale, Food, CPG, Pfaff, Restaurant, SVP Worldwide, Colgate-Palmolive, Husqvarna

Additionally, Rubix Foods' long time CFO Bill Block has transitioned to a new role as Chief Support Officer.

Key Points: 
  • Additionally, Rubix Foods' long time CFO Bill Block has transitioned to a new role as Chief Support Officer.
  • Perez brings 37 years of financial experience to Rubix Foods and previously was Chief Financial Officer and Chief Information Officer for Red Collar Pet Foods, another Arbor portfolio company.
  • "Becoming the CFO of Rubix Foods and continuing to work with Arbor is an incredible opportunity," said Perez.
  • "We are thrilled to appoint David to CFO and leverage his extensive financial experience," said Rubix CEO Andy Block.

Ready to Drink Beauty Beverage Market to Reach US$ 4,428.5 Million by 2034 Amid Growing Focus on Convenience and On-the-go Consumption

Retrieved on: 
Tuesday, April 9, 2024
Ginger, RTD, FMI, Health, Attention, Vital, Growth, Projection, Cranberry, Drink, Hibiscus, Hyaluronic acid, Sample, Beauty, Vitamin A, Zinc, Social media, Research, Protandim, Acquisition, CPG, Vitamin E, Social, Skin, Collagen, Biotin, Elasticity, Pomegranate, Supermarket, Ready, Food, Bottled water

NEWARK, Del., April 9, 2024 /PRNewswire/ -- According to Future Market Insights (FMI), the worldwide ready-to-drink beauty beverage market is valued at US$ 1,956.9 million in 2024 and is anticipated to reach US$ 4,428.5 million by 2034. Over the next decade, global ready to drink beauty beverages demand is likely to increase at a CAGR of 8.5%.

Key Points: 
  • NEWARK, Del., April 9, 2024 /PRNewswire/ -- According to Future Market Insights (FMI), the worldwide ready-to-drink beauty beverage market is valued at US$ 1,956.9 million in 2024 and is anticipated to reach US$ 4,428.5 million by 2034.
  • Over the next decade, global ready to drink beauty beverages demand is likely to increase at a CAGR of 8.5%.
  • Key Takeaways from the Ready to Drink Beauty Beverages Report:
    The global ready-to-drink beauty beverage market is expected to reach a valuation of US$ 4,428.5 million by 2034.
  • "The ready-to-drink beauty beverage market is experiencing growth due to health-conscious consumers seeking convenient and on-the-go beauty solutions.