HICKSVILLE, NY--(Oct 13, 2016) - Long Island Iced Tea Corp. ( NASDAQ: LTEA ) (the "Company"), a growth-oriented company focused on the ready-to-drink ("RTD") tea segment in the beverage industry, today announced that it has entered into a partnership with Food Lion LLC ("Food Lion") to make Long Island Iced Tea® available in its locations. Food Lion, based in Salisbury, N.C., is one of the largest supermarket chains in the Southeast United States with over 1,000 locations in 10 Southeastern and Mid-Atlantic states employing more than 65,000 associates. This is the largest partnership in the Company's five-year history.

 

Philip Thomas, Chief Executive Officer of the Company, stated, "This partnership with Food Lion is the biggest in our company's history, and together with our recent listing on the NASDAQ, is a key milestone in the development of our business across the Southeast and the US. As one of the premier regional chains, Food Lion's support further confirms our belief that our flagship Long Island Iced Tea brand, a premium tea brewed with all natural ingredients, offered to consumers at an affordable price, positions our company as an attractive partner across many geographies, reinforcing the validity of our strategy to progress from distributors to regional chains to national chains."

PORTLAND, Ore. & ST. LOUIS-- Craft Brew Alliance, Inc. ( BREW ) and Anheuser-Busch (AB) announced today a series of new commercial agreements that expand and strengthen the companies’ long-term relationship and create new growth opportunities for both companies. The agreements include an amended and extended master distribution agreement, a new contract brewing arrangement, and a new international distribution agreement.

 

Through the agreements, AB will provide additional support and committed resources to accelerate CBA’s growth strategy, which includes: strengthening its distinctive portfolio of craft brands; maximizing the potential of Kona Brewing Co. as one of the fastest-growing American craft brands; and optimizing CBA’s brewing footprint to drive gross margin expansion and deliver its craft beers to more beer lovers in the U.S. and around the world.

Net Income $0.10 per share

EBITDAS $0.17 per share

Gross Margin increase to 38.7%

HappyWater® sales jump 38%

 

VANCOUVER, British Columbia, June 14, 2016 -- Leading Brands, Inc.(LBIX), North America’s only fully integrated healthy branded beverage company, announces results for its first quarter of fiscal 2016, which ended May 31, 2016.  All financial amounts are denominated in Canadian dollars, with all financial figures rounded to the nearest $000.

 

Q1 2016 net income was $295,000 or $0.10 per share versus net loss of $(411,000) or $(0.15) per share in the same quarter of fiscal 2015.  That is a positive swing of more than $700,000, or $0.25 per share, over Q1 last year and a testament to the cost savings implemented during fiscal 2015.  SG&A expenses dropped by almost $300,000 in Q1 and gross profit margin rose to 38.7%.  EBITDAS for Q1 was $492,000, or $0.17 per share.

STATEN ISLAND, NY--(Jun 3, 2016) -  Coffee Holding Co., Inc. (NASDAQ: JVA) (the "Company") today announced its operating results for the three and six months ended April 30, 2016:

 

Net sales totaled $21,406,939 for the three months ended April 30, 2016, a decrease of $8,856,115, or 29.3%, from $30,263,054 for the three months ended April 30, 2015. The decrease in net sales reflects lower coffee prices during the quarter and our reduced wholesale transactions with Keurig Green Mountain, Inc. of approximately $8,158,000.

 

Cost of sales for the three months ended April 30, 2016 was $18,097,486, or 84.5% of net sales, as compared to $31,340,321, or 103.6% of net sales, for the three months ended April 30, 2015. Cost of sales consists primarily of the cost of green coffee and packaging materials and realized and unrealized gains or losses on hedging activity. The decrease in cost of sales reflects lower commodity prices during the quarter and our reduced wholesale transactions with our largest wholesale green coffee customer.