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Revenue grew 95% year-over-year to $260 million, beating the consensus estimate of $218.31M. The revenue beat was driven predominantly by North American revenue, which rose 101% year-over-year to $249M.
According to CEO John Fieldly, the company posted all-time quarterly record revenue and over $34M in net income, driven by expanded availability and increased consumer awareness. Furthermore, the company continues to further transition into PepsiCo’s (NASDAQ:PEP) best-in-class distribution system.
