Olipop hits $500M revenue, retakes lead from Pepsi's Poppi

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

Olipop Co-Founder and former CEO Ben Goodwin said the brand has surpassed $500 million in revenue and is fully profitable, with robust double-digit growth. In an interview with Yahoo Finance Executive Editor Brian Sozzi, Goodwin said Olipop has squarely retaken the lead position in the category since PepsiCo purchased Poppi for almost $2 billion. He argued that health-conscious consumers may not trust Big Soda giants like Coke and Pepsi to deliver authentic health products, positioning Olipop as the category creator and leader.

Impact on stocks 2

Consumer Staples▼ · 2 stocks
PepsiCo Inc
PEP
▼ NegativeCompetitionrelevance

Olipop retakes lead from Pepsi's Poppi, highlighting Pepsi's failed acquisition and loss of market leadership.

The Coca-Cola Company
KO
▼ NegativeCompetitionrelevance

Olipop's success and consumer distrust of Big Soda undermines Coke's position in the category.

Off-coverage companies 1

OlipopPrivate▲ Positive
Demandrelevance

Olipop surpasses $500M revenue with double-digit growth, driven by health-conscious consumer demand.

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