Fevertree shipments heat up, coronavirus requires channel change — Panjiva
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Fevertree shipments heat up, coronavirus requires channel change

Consumer Staples 805 Coronavirus 511 U.S. 5399

Beverages manufacturer Fevertree reported 9.7% growth in revenues in the past financial year thanks to entering new markets including North America. It faces challenges during the coronavirus pandemic as sales shift from bars / restaurants to retail channels. The firm has a “good contingency of raw materials” to meet the challenge according to CEO Timothy Warrillow. U.S. seaborne imports linked to the firm expanded by 30.2% year over year in Q1. Total U.S. seaborne imports of flavored soft beverages meanwhile grew by 7.3% in Q1. Not all suppliers have seen Fevertree’s success though. Imp...

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