Zevia PBC (ZVIA) Tops Q1 EPS by 10c

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Zevia Announces First Quarter 2023 Results

May 9, 2023 7:00 AM EDT

Net Sales ahead of expectations for Q1 and on-track for full-year

Q1 Gross Margin of 46.4%, up 4.7% year-over-year and 2.1% sequentially

LOS ANGELES--(BUSINESS WIRE)-- Zevia PBC (Zevia or the Company) (NYSE: ZVIA), the company disrupting the liquid refreshment beverage industry with great tasting, zero sugar beverages made with simple, plant-based ingredients, today reported results for the first quarter ended March 31, 2023.

First Quarter 2023 Highlights

Net sales increased 13.8% year-over-year to $43.3 million Unit volume decreased 2.7% year-over-year to 3.3 million equivalized... More