Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated soft drinks under the Zevia brand name in the United States and Canada. It offers soda, energy drinks, organic tea, mixers, kidz beverages, and sparkling water. The company offers its products through various retail channels, including grocery distributors, national retailers, and natural products retailers, as well as e-commerce channels. Zevia PBC was founded in 2007 and is based in Encino, California.
IPO Year: 2021
Exchange: NYSE
Website: zevia.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/25/2023 | $5.00 → $3.00 | Buy → Neutral | Goldman |
| 7/25/2023 | $5.00 → $4.00 | Outperform → Market Perform | Telsey Advisory Group |
| 2/25/2022 | $14.00 → $10.00 | Outperform | Telsey Advisory Group |
| 11/15/2021 | $11.00 | Overweight → Equal-Weight | Wells Fargo |
| 11/15/2021 | $15.00 → $14.00 | Outperform | Telsey Advisory Group |
| 10/18/2021 | $16.00 | Buy | Loop Capital |
| 9/30/2021 | $15.00 | Outperform | Telsey Advisory Group |
| 8/16/2021 | $19.00 | Overweight | Stephens & Co. |
| 8/16/2021 | $14.00 | Neutral | BofA Securities |
| 8/16/2021 | $16.00 | Overweight | Wells Fargo |
SC 13G/A - Zevia PBC (0001854139) (Subject)
SC 13G/A - Zevia PBC (0001854139) (Subject)
SC 13G/A - Zevia PBC (0001854139) (Subject)
SC 13G - Zevia PBC (0001854139) (Subject)
Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), today announced its participation in the Stephens Annual Investment Conference to be held November 19-21, 2024 in Nashville, TN. Girish Satya, Zevia's Chief Financial Officer and Principal Accounting Officer, will participate in a fireside chat on Wednesday, November 20, 2024 at approximately 3:00pm ET and management will meet with investors throughout the conference. A live webcast of the presentation will be available on the Investor Relations section of Zevia's website at https://investors.zevia.com/ or directly here during the event. Shortly following the event, a replay of the webcast will be available for approximately ninety (90) da
Zevia, the First Brand to Offer a Naturally Sweetened Alternative to Mainstream Soda and now the #1 Naturally Sweetened Zero Sugar Soda in the US, Increases Distribution to 5x its Current Retail Locations Nationwide LOS ANGELES, Nov. 7, 2024 /PRNewswire/ -- Today, Zevia PBC, the zero sugar, naturally sweetened beverage company, announced it is expanding its Walmart distribution this month from +800 stores to now being available nationally in more than 4,300 locations, an increase of more than five-times current store distribution. Zevia® Soda in Walmart has seen substantial
Net loss improved to $2.8 million and Adjusted EBITDA loss improved to $1.5 million year over year Expands Distribution into 4,300 Walmart Stores Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the Company bringing naturally delicious, zero sugar, clean-label beverages across usage occasions today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net sales of $36.4 million, a decline of $6.7 million year over year Gross profit margin was 49.1%, an improvement of 3.7 percentage points year over year Net loss was $2.8 million, including $1.0 million of non-cash equity-based compensation expense, an improvement of $8.4 million year over y
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced that it will release its financial results for the third quarter ended September 30, 2024 before the market open on Wednesday, November 6, 2024 followed by a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors and other interested parties may listen to the webcast of the conference call by logging on via the Investor Relations section of Zevia's website at https://investors.zevia.com/. A replay of the webcast will be available for approximately thirty (30) days following the call at Zevia's website at https://investors.zevia.com/. A copy of the earnings press release and supplemental financial disclosures will also be
Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), today announced that it received a notice from the New York Stock Exchange (the "NYSE") on October 1, 2024 that the Company has regained compliance with the minimum stock price continued listing standard set forth in Section 802.01C of the NYSE Listed Company Manual. The Company previously received a noncompliance notice from the NYSE on June 26, 2024, because the average closing price of the Company's Class A common stock had been less than $1.00 per share over a consecutive 30 trading-day period. On September 30, 2024, the Company's Class A common stock closed above $1.00 and had an average closing share price of at least $1.00 over the p
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced the appointment of Alexandre Ruberti to the Company's Board of Directors (the "Board"), effective August 6, 2024. Ruberti joins the Zevia Board currently serving as Managing Director Americas and General Manager USA at Waterdrop®, a mission-driven company focused on disrupting the hydration industry with functional hydration cubes. He has extensive beverage industry experience including 16 years in executive leadership roles at Red Bull serving as Chief Commercial Officer in North America and as President of Red Bull Distribution Company. Mr. Ruberti recently served on the Board of Directors of Celsius Holdings, Inc, from 2021 to 2024. "Al
Net Sales of $40.4 million, exceeding guidance Productivity Initiative now expected to deliver $12 million of annualized savings Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the Company bringing naturally delicious, zero sugar, clean-label beverages across usage occasions today reported results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Net sales of $40.4 million, exceeding guidance Gross profit margin was 41.9%, impacted by inventory write-downs Net loss was $7.0 million, including $1.4 million of non-cash equity-based compensation expense Adjusted EBITDA loss was $4.4 million(1) Loss per share was $0.10 per diluted share to Zevia's
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced that it will release its financial results for the second quarter ended June 30, 2024 before the market open on Wednesday, August 7, 2024 followed by a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors and other interested parties may listen to the webcast of the conference call by logging on via the Investor Relations section of Zevia's website at https://investors.zevia.com/. A replay of the webcast will be available for approximately thirty (30) days following the call at Zevia's website at https://investors.zevia.com/. A copy of the earnings press release and supplemental financial disclosures will also be ava
Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), today announced that on June 26, 2024, it received notice (the "Notice") from the New York Stock Exchange (the "NYSE") informing the Company that it is no longer in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A common stock (the "common stock") was less than $1.00 per share over a consecutive 30 trading-day period. The Notice does not result in the immediate delisting of the Company's common stock from the NYSE. In accordance with applicable NYSE rules, the Company intends to respond to the NYSE within 10 business days of receipt of the Notice affirming its inte
Launches regional direct-store-delivery partnerships in first phase of route-to-market evolution Announces productivity initiative targeting annualized cost benefits of $8 million to $12 million Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company bringing naturally delicious, zero sugar, clean-label beverages across usage occasions today reported results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Net sales decreased 10.4% year over year to $38.8 million Unit volume decreased 10.4% year over year to 3.0 million equivalized cases Gross profit margin was 45.7%, down 0.8 percentage points year over year but up 5.0 percentage points from pr
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4/A - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
10-Q - Zevia PBC (0001854139) (Filer)
8-K - Zevia PBC (0001854139) (Filer)
8-K - Zevia PBC (0001854139) (Filer)
8-K/A - Zevia PBC (0001854139) (Filer)
8-K - Zevia PBC (0001854139) (Filer)
10-Q - Zevia PBC (0001854139) (Filer)
8-K - Zevia PBC (0001854139) (Filer)
8-K - Zevia PBC (0001854139) (Filer)
8-K - Zevia PBC (0001854139) (Filer)
DEFA14A - Zevia PBC (0001854139) (Filer)
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced the appointment of Alexandre Ruberti to the Company's Board of Directors (the "Board"), effective August 6, 2024. Ruberti joins the Zevia Board currently serving as Managing Director Americas and General Manager USA at Waterdrop®, a mission-driven company focused on disrupting the hydration industry with functional hydration cubes. He has extensive beverage industry experience including 16 years in executive leadership roles at Red Bull serving as Chief Commercial Officer in North America and as President of Red Bull Distribution Company. Mr. Ruberti recently served on the Board of Directors of Celsius Holdings, Inc, from 2021 to 2024. "Al
Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced the appointment of Girish Satya as Chief Financial Officer (CFO), effective February 21, 2024. Mr. Satya brings to Zevia over 20 years of finance, operations and strategic leadership experience with high-growth consumer businesses. He most recently served as CFO of Backcountry, a leading global direct-to-consumer gear and apparel retailer focused on the outdoor enthusiast market. Florence Neubauer, who effectively led Zevia's Finance function as Interim CFO, will continue with Z
Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced that its Board of Directors has appointed Andy Ruben as Lead Independent Director, effective September 20, 2023. Mr. Ruben joined the Company's Board in December 2020 and currently serves as Chair of the Environmental, Social and Governance Committee and is a member of the Nominating and Enterprise Risk Management Committee. Mr. Ruben has extensive experience in consumer-focused businesses encompassing strategy, technology, sustainability, branding and omni-channel retail. He is
Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced the appointment of Kirsten Suarez as its Chief Marketing Officer (CMO). Ms. Suarez brings to Zevia over 20 years of experience in marketing and brand-building with leading consumer-packaged goods (CPG) and quick-service restaurant (QSR) companies including Taco Bell and Procter & Gamble. During her most recent role as CMO at N!CK'S, a Swedish-born, better-for-you growth-stage food company delivering no sugar added products, she led omnichannel marketing, and the brand was named
Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced the appointment of Bill Williamson to the role of Senior Vice President, Operations and Chief Supply Chain Officer. Mr. Williamson joined the Zevia management team from Monster Energy, where he served as Senior Vice President, Operations and Supply Chain. He brings over 25 years of operations and supply chain experience in the beverage and consumer-packaged-goods (CPG) industries, with a proven track record of leading successful transformations and identifying and executing oppo
Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced the appointment of Greig P. DeBow, Jr. to the role of Chief Commercial Officer, effective today. Mr. DeBow brings over 25 years of experience in the beverage and consumer-packaged goods industries to Zevia's management team, with a strong track record of leading commercial strategy to fuel revenue growth and profitability. He is responsible for driving market development in support of profitable growth for the Zevia brand through leadership across Retail Sales, eCommerce, Busines
Veteran consumer and retail executive brings decades of supply chain, operations and finance experience, including in the plant-based food sector Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today announced the appointment of David J. Lee to the Company's Board of Directors ("the Board"), effective July 20, 2022. Lee joins the Zevia Board currently serving as President of AppHarvest, a leading AgTech company building some of the country's largest indoor farms and combining conventional agriculture techniques with cutting-edge technology t
Net loss improved to $2.8 million and Adjusted EBITDA loss improved to $1.5 million year over year Expands Distribution into 4,300 Walmart Stores Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the Company bringing naturally delicious, zero sugar, clean-label beverages across usage occasions today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net sales of $36.4 million, a decline of $6.7 million year over year Gross profit margin was 49.1%, an improvement of 3.7 percentage points year over year Net loss was $2.8 million, including $1.0 million of non-cash equity-based compensation expense, an improvement of $8.4 million year over y
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced that it will release its financial results for the third quarter ended September 30, 2024 before the market open on Wednesday, November 6, 2024 followed by a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors and other interested parties may listen to the webcast of the conference call by logging on via the Investor Relations section of Zevia's website at https://investors.zevia.com/. A replay of the webcast will be available for approximately thirty (30) days following the call at Zevia's website at https://investors.zevia.com/. A copy of the earnings press release and supplemental financial disclosures will also be
Net Sales of $40.4 million, exceeding guidance Productivity Initiative now expected to deliver $12 million of annualized savings Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the Company bringing naturally delicious, zero sugar, clean-label beverages across usage occasions today reported results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Net sales of $40.4 million, exceeding guidance Gross profit margin was 41.9%, impacted by inventory write-downs Net loss was $7.0 million, including $1.4 million of non-cash equity-based compensation expense Adjusted EBITDA loss was $4.4 million(1) Loss per share was $0.10 per diluted share to Zevia's
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced that it will release its financial results for the second quarter ended June 30, 2024 before the market open on Wednesday, August 7, 2024 followed by a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors and other interested parties may listen to the webcast of the conference call by logging on via the Investor Relations section of Zevia's website at https://investors.zevia.com/. A replay of the webcast will be available for approximately thirty (30) days following the call at Zevia's website at https://investors.zevia.com/. A copy of the earnings press release and supplemental financial disclosures will also be ava
Launches regional direct-store-delivery partnerships in first phase of route-to-market evolution Announces productivity initiative targeting annualized cost benefits of $8 million to $12 million Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company bringing naturally delicious, zero sugar, clean-label beverages across usage occasions today reported results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Net sales decreased 10.4% year over year to $38.8 million Unit volume decreased 10.4% year over year to 3.0 million equivalized cases Gross profit margin was 45.7%, down 0.8 percentage points year over year but up 5.0 percentage points from pr
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced that it will release its financial results for the first quarter ended March 31, 2024 before the market open on Wednesday, May 8, 2024 followed by a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors and other interested parties may listen to the webcast of the conference call by logging on via the Investor Relations section of Zevia's website at https://investors.zevia.com/. A replay of the webcast will be available for approximately thirty (30) days following the call at Zevia's website at https://investors.zevia.com/. A copy of the earnings press release and supplemental financial disclosures will also be availa
Q4 Net Sales up 6.9%, including unit volumes up 3.7% Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company bringing great tasting, zero sugar beverages made with simple, plant-based ingredients across all usage occasions to households across income levels, today reported results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Highlights Net sales increased 6.9% year over year to $37.8 million, returning to growth Unit volume increased 3.7% year over year to 2.8 million equivalized cases Gross profit margin was 40.7%, down 3.6 percentage points year over year, primarily driven by inventory losses while accelerating our supply chain tra
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced that it will release its financial results for the fourth quarter and full year 2023 ended December 31, 2023 before the market open on Tuesday, February 27, 2024 followed by a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors and other interested parties may listen to the webcast of the conference call by logging on via the Investor Relations section of Zevia's website at https://investors.zevia.com/. A replay of the webcast will be available for approximately thirty (30) days following the call at Zevia's website at https://investors.zevia.com/. A copy of the earnings press release and supplemental financial disc
Q3 Gross Margin of 45.4%, up 2.1 percentage points year-over-year Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today reported results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Net sales decreased 2.6% year over year to $43.1 million Unit volume decreased 8.2% year over year to 3.3 million equivalized cases Gross profit margin was 45.4%, up 2.1 percentage points year over year Net loss was $11.3 million, including $1.9 million of non-cash equity-based compensation expense Adjusted EBITDA
Zevia PBC ("Zevia") (NYSE:ZVIA) today announced that it will release its financial results for the third quarter ended September 30, 2023 before the market open on Tuesday, November 7, 2023 followed by a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors and other interested parties may listen to the webcast of the conference call by logging on via the Investor Relations section of Zevia's website at https://investors.zevia.com/. A replay of the webcast will be available for approximately thirty (30) days following the call at Zevia's website at https://investors.zevia.com/. A copy of the earnings press release and supplemental financial disclosures will also be
Zevia PBC ("Zevia" or the "Company") (NYSE:ZVIA), today announced that on June 26, 2024, it received notice (the "Notice") from the New York Stock Exchange (the "NYSE") informing the Company that it is no longer in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A common stock (the "common stock") was less than $1.00 per share over a consecutive 30 trading-day period. The Notice does not result in the immediate delisting of the Company's common stock from the NYSE.
Wells Fargo analyst Chris Carey maintains Zevia (NYSE:ZVIA) with a Equal-Weight and lowers the price target from $1.25 to $1.
Telsey Advisory Group analyst Dana Telsey maintains Zevia (NYSE:ZVIA) with a Market Perform and lowers the price target from $3 to $2.
Goldman Sachs analyst Bonnie Herzog maintains Zevia (NYSE:ZVIA) with a Neutral and lowers the price target from $3 to $1.25.
Zevia (NYSE:ZVIA) reported quarterly losses of $(0.10) per share which met the analyst consensus estimate. This is a 150 percent decrease over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $38.799 million which missed the analyst consensus estimate of $39.428 million by 1.60 percent. This is a 10.39 percent decrease over sales of $43.300 million the same period last year.
Morgan Stanley analyst Dara Mohsenian maintains Zevia (NYSE:ZVIA) with a Equal-Weight and lowers the price target from $3 to $2.
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4/A - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
4 - Zevia PBC (0001854139) (Issuer)
Goldman downgraded Zevia PBC from Buy to Neutral and set a new price target of $3.00 from $5.00 previously
Telsey Advisory Group downgraded Zevia PBC from Outperform to Market Perform and set a new price target of $4.00 from $5.00 previously
Telsey Advisory Group reiterated coverage of Zevia with a rating of Outperform and set a new price target of $10.00 from $14.00 previously
Wells Fargo downgraded Zevia from Overweight to Equal-Weight and set a new price target of $11.00
Telsey Advisory Group reiterated coverage of Zevia with a rating of Outperform and set a new price target of $14.00 from $15.00 previously
Loop Capital initiated coverage of Zevia PBC with a rating of Buy and set a new price target of $16.00
Telsey Advisory Group initiated coverage of Zevia with a rating of Outperform and set a new price target of $15.00
Stephens & Co. initiated coverage of Zevia with a rating of Overweight and set a new price target of $19.00
BofA Securities initiated coverage of Zevia PBC with a rating of Neutral and set a new price target of $14.00
Wells Fargo initiated coverage of Zevia PBC with a rating of Overweight and set a new price target of $16.00