Earnings Call Summary | Zevia(ZVIA.US) Q2 2024 Earnings Conference
Earnings Call Summary | Zevia(ZVIA.US) Q2 2024 Earnings Conference
The following is a summary of the Zevia PBC (ZVIA) Q2 2024 Earnings Call Transcript:
以下是Zevia PBC(ZVIA)2024年第二季度业绩会交流摘要:
Financial Performance:
金融业绩:
Zevia reported Q2 2024 net sales of $40.4 million, just above the top-end of their guidance, with a year-over-year decrease of 4.3%.
The company experienced a net loss of $7 million, an increase from a $5 million net loss last year.
Gross margin for Q2 was reported at 41.9%, down from the previous year, impacted partly by a $1.8 million charge related to excess inventory.
The company anticipates gross margins to return to the mid-40s in Q3 with sequential improvements expected in the following quarters.
Zevia报告2024年第二季度净销售额为4040万美元,略高于他们的指导顶端,同比下降4.3%。
公司的净亏损为700万美元,比去年的500万美元净亏损增加。
第二季度的毛利率报告为41.9%,低于去年同期,部分受到与过量库存相关的180万美元费用的影响。
公司预计毛利率将在第三季度回到中40%,预计随后的季度将有逐步改善。
Business Progress:
业务进展:
Launched new flavors including Creamy Root Beer, Vanilla Cola, and Cran-Raspberry, aiming to drive distribution, volume, and household penetration.
Expanded distribution through regional direct-store delivery (DSD) partners to improve in-store presence and operational efficiency.
Implemented productivity initiatives projected to save $12 million annually, enhancing operational efficiency and funding marketing and promotional activities.
Increased marketing spending in Q2 to boost brand awareness and consumer engagement.
推出了包括奶油根啤酒、香草可乐和蔓越莓在内的新口味,旨在推动分销、成交量和家庭渗透率。
通过区域型直销交货合作伙伴扩大分销,以提高店内存在感和运营效率。
实施生产力倡议,预计每年节省1200万美元,增强运营效率并为营销和促销活动提供资金。
在第二季度增加了营销支出,以提高品牌知名度和消费者参与度。
Opportunities:
机会:
Zevia is focused on expanding household reach and product distribution across North America, especially with new upcoming retail partnerships and innovations in flavor and packaging.
Increased promotion and strategic marketing investments to drive growth amidst a competitive beverage market.
Leveraging a new direct-store distribution model in the Pacific Northwest to improve market presence and sales in the convenience channel.
Zevia专注于在北美扩大家庭覆盖率和产品分销,特别是在新的零售合作伙伴关系和口味和包装创新方面。
增加促销和战略营销投资,以在竞争激烈的饮料市场中推动增长。
利用太平洋西北地区的新直销分销模式,改善在便利渠道中的市场存在和销售。
Risks:
风险:
Encountered SKU distribution setbacks and club distribution issues impacting short-term revenue and visibility.
Reported a loss in net sales influenced by distribution challenges, including rotational losses in clubs and portfolio rationalization focusing on top-performing categories.
遭遇SKU分销障碍和俱乐部分销问题,影响短期收入和可见度。
报告了净销售额的下降,受到分销挑战的影响,其中包括俱乐部的轮换损失和集合理性化,重点关注高表现类别。
More details: Zevia IR
更多细节:Zevia IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。