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Zevia Secures $20 Million Investment from GP Investments Ltd.

Food Dive · ·by G4L

ZVIA
ZVIA Zevia PBC
$1.09 -14.84%
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  1. 1Zevia has secured a $20 million investment from GP Investments Ltd.
  2. 2Zevia recorded net sales of $45 million in the recent quarter, representing a 1.1% increase in net sales year-over-year.
  3. 3Zevia's Q3 revenue guidance of $48 million is higher than the previous guidance of $44 million to $46 million.

So what's the key point?

Zevia received a $20 million investment from GP Investments Ltd. Sales are increasing and the forecast for the next quarter has also risen, creating a positive situation for the company.

Source Food Dive · View original ↗

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