DIRS.INFO The most relevant business & tech news

☆ Nespresso, Keurig have new coffee pods coming designed to put an end to all the garbage
▼ + stars: | 2024-04-19 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +5 min

Keurig coffee sales in the U.S. reached over $4 billion last year, while Wall Street analysis pegs Nespresso sales at roughly $1.5 billion. The U.S. coffee pods and capsules market is expected to grow to $10.1 billion by 2028 up from $8.4 billion last year, according to market research firm Mordor Intelligence. Environmentally friendly, biodegradable, and compostable coffee pods are increasingly in demand, and have been on the market for a few years, such as NEXE, a packaging solutions supplier based in Canada, which launched a line of compostable coffee pods in the U.S. and Canada in 2021, which it markets as Nespresso-compatible. Getting customer buy-in for new products is also a challenge for companies looking to produce more sustainable coffee pods. Here's a look at what Keurig and Nespresso — the two largest makers of at-home coffee pod systems — have planned for at-home coffee drinkers as part of that push to keep the pods from filling up the garbage.

Persons: Pepper, Joe, Dillon Baxter, Nespresso, Dr, it's, Monique Oxender, Oxender, they'll, Keurig Organizations: Intelligence, National Coffee Association . Companies, Nestle, Recycling Locations: U.S, Canada, there's, North America, Europe

A Pennsylvania law that makes it a crime to release information about teacher disciplinary complaints is an unconstitutional violation of the First Amendment, a federal judge has ruled. The law's confidentiality provision makes it a misdemeanor to disclose the existence of a state complaint or any information about it unless and until discipline is imposed. U.S. District Judge Karen S. Marston did not strike down the law itself in her Jan. 10 ruling. “The confidentiality provision exists to protect the reputation, privacy, and due process rights of educators” who are accused, and ultimately cleared, of wrongdoing, said Chris Lilienthal, a spokesperson for the Pennsylvania State Education Association. Pepper's misconduct complaint centers on a January 2023 email that school psychologist Julia Szarko sent to his school district account.

Persons: —, Jimmy Adams, he’s, Karen S, Marston, James Pepper, Pepper, “ weaponizing ”, Aaron Martin, Martin, ”, Chris Lilienthal, Jennifer Schorn, Julia Szarko, Szarko, Szarko —, Pepper's, she's, “ Dr, ” Pepper, “ Organizations: Pennsylvania Department of Education, National Association of State, Education, U.S, District, Central Bucks School District, Central Bucks, Department of, Pennsylvania State Education Association, Republican, of Education Locations: Pennsylvania, Bucks County, Philadelphia, Pennsylvania’s

Executives of some beaten-down companies, including one battered biotech name and a popular soft drinks maker, scooped up shares of their own stock in the past week. Here are the top insider buys: Energy Transfer — Executive Chairman Kelcy Warren bought one million shares Monday at $13.53 per share for a total value of $13.53 million. Shares are up more than 2% over the past month. Enstar Group CEO bought swathes of shares Wednesday, the day after the company reported its earnings for the third quarter. The stock has gained about 8% so far this year and shares are up roughly 4% over the past month.

Persons: Kelcy Warren, Dominic F, Silvester, Nigel W, Morris, Richard Barry, Verity, Douglas Ingram, Keurig Dr Pepper, Timothy P, Cofer, Dr Pepper's, Dr Pepper —, Dr Pepper, Mott's —, Enstar Organizations: CNBC Pro, —, Global, Therapeutics, Remitly, FDA, U.S . Securities, Exchange, Enstar Locations: Canada

☆ UBS says Keurig Dr Pepper is undervalued and can jump more than 25%
▼ + stars: | 2023-08-16 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

UBS thinks investors should buy shares of Keurig Dr Pepper at these levels. Analyst Peter Grom said Keurig Dr Pepper is trading at a valuation below its historical averages and relative to peers, presenting a buying opportunity to investors. "At a time when earnings growth is set to decelerate across many Beverage peers, this shift in relative earnings momentum should narrow the valuation gap closer to historical averages," Grom said. The analyst added Keurig Dr Pepper's coffee segment could potentially underpin revenue expansion, while also benefiting from stronger brand partnerships overall. KDP YTD mountain Keurig Dr Pepper stock has dipped more than 6% from the start of 2023.

Persons: Dr Pepper, Peter Grom, FactSet, Grom, Pepper, — CNBC's Michael Bloom Organizations: UBS, Beverage, US

☆ Keurig Dr Pepper beats sales estimates, posts strong forecast on higher prices
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +1 min

The results are the latest evidence that consumer companies have been largely able to pass on higher prices to retailers and shoppers. Keurig Dr Pepper posted second-quarter revenue of $3.79 billion, topping estimates of $3.69 billion, according to Refinitiv data. The company said it expects full-year 2023 net sales growth of 5% to 6%, compared with the previous forecast of a 5% growth. It reiterated its forecast for adjusted earnings per share growth of 6% to 7%. Excluding items, the company reported a profit of 42 cents per share, compared estimates of 40 cents.

Persons: Pepper, Pepper's, Dr Pepper, Bob Gamgort, Aatrayee Chatterjee, Sriraj Organizations: Pepper Inc, Thomson Locations: U.S, Texas, Bengaluru

☆ Wingstop says its UK target market is Gen Zers who like boxing and 'Love Island.' Here's how the chicken brand is using TikTok, rappers, and customization to pull in younger diners.
▼ + stars: | 2023-07-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Wingstop UK is using TikTok, social-media influencers, and rappers to attract Gen Z diners. Wingstop UK has collaborated with brands including including Xbox, Gymshark, and Tinder. Grogan said that Wingstop UK did engage in some paid partnerships, but focused on "curating authentic experiences." Lemon Pepper opened the first Wingstop UK restaurant near London's bustling Leicester Square in 2018. Lemon Pepper HoldingsIn 2022, the chain sold more than 17.5 million wings, Lemon Pepper says.

Persons: It's, –, Zers, Tom Grogan, cofounders, Lemon Pepper, TikTok, Yung, Michael Dapaah, Lady Leisha, M, Cat Burns, Grogan, Wingstop, – Grogan, Herman Sahota, Saul Lewin –, Rick Ross, Saul Lewin, Lemon, We're, Gen, it's Organizations: Wingstop, Service, Wingstop's, Sports, Lemon Pepper Holdings, Xbox, JD Sports, Yung Filly, YouTube, KFC, Leicester Square, Hickory, Wings, Lemon Pepper, Sunday Times Locations: Wall, Silicon, Covent, Leicester, Manchester, Liverpool, Glasgow

☆ Prebiotic soda Olipop approaches $200 million in annual sales — and CEO says Coca-Cola and PepsiCo have already come knocking
▼ + stars: | 2023-04-29 | by ( Amelia Lucas | ) www.cnbc.com time to read: +5 min

Prebiotic soda maker Olipop is set to cross $200 million in annual sales this year, just five years after it arrived on grocery store shelves. Olipop had raised $55.4 million as of Jan. 2, at a reported valuation of $199.8 million, according to Pitchbook data. Consumers are also increasingly interested in "gut health," one of the latest wellness trends. Both Olipop and Poppi have leaned into influencer marketing on TikTok, where gut health became a trending topic last year. But Olipop's Goodwin is confident that consumers are willing to pay more for the drinks he formulates.

☆ Amazon Studios is growing fast and spending big on shows like 'Citadel,' but insiders say unclear creative direction, leadership shifts, and tech bureaucracy threaten to drive away staff and talent
▼ + stars: | 2023-02-10 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +20 min

The dust has been settling at Amazon Studios after a big reorg in the fall that solidified Jen Salke's power. Yet Amazon Studios faces major challenges. Amazon Studios' Head of Global Television Vernon Sanders told Insider that the goal is to deliver content with global cultural relevance. Amazon Prime VideoWhile spending on such big swings has soared, some insiders see far less budgetary support for underrepresented casts. "I do think people wonder what's the commitment to Amazon Studios," the current insider said.

☆ How a D1 football player built an audience of nearly 2 million TikTok followers, and how much he's earned from endorsements
▼ + stars: | 2022-11-26 | by ( Colin Salao | ) www.businessinsider.com time to read: +4 min

Jon Seaton is a junior defensive lineman for Elon University in the Division I Football Championship Subdivision. Since NIL rules were implemented, he's earned over $250,000 through deals with Meta and Dr. Pepper. "I actually had no clue at that point where I was going to feed myself from," Seaton said. Tim Curran told Insider he has avoided small deals for Seaton worth $25 to $50, which has pushed up the value of each sponsored post the athlete makes. Seaton believes that NIL could help student-athletes like him, who aren't pursuing careers as professional athletes, become business leaders.

☆ Keurig Dr Pepper CEO resigns after violating company's code of conduct
▼ + stars: | 2022-11-10 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Keurig Dr Pepper announced Thursday that CEO Ozan Dokmecioglu agreed to resign after violating the company's code of conduct, less than four months into the job. Keurig Dr Pepper's board reappointed Bob Gamgort, chairman and former CEO, as chief executive. Keurig Dr Pepper's stock has risen 3% this year, increasing its market value to $54.4 billion. Prior to becoming CEO, Dokmecioglu served as chief financial officer for the company, helping Keurig Green Mountain go private in 2016 and with its merger with Dr Pepper Snapple in 2018. Its subsidiary Maple Holdings still holds a 33% stake in Keurig Dr Pepper.

☆ The Ayahuasca Diaries
▼ + stars: | 2022-06-26 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +37 min

But please understand: I didn't drink ayahuasca so I could write an article about it. I wrote an article about it so I could drink ayahuasca. I was desperate to drink ayahuasca — I had been for several months, in fact — and the formality of an assignment would help me out at home. Instead, a friend of a friend linked me up with an ayahuasca sangha, a Buddhist word for a spiritual community. I thought of my old friend, Scott, who, many years before, had declined an opportunity to drink ayahuasca.

Search resuls for: "Pepper's"

11 mentions found