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Stock impact report

Tractor Beverage Co Offers Restaurants Eco-Minded Alternatives To Saccharine Sodas [Forbes]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: Forbes
We essentially created a total beverage solution,” says Sherman. “Agua frescas, sodas line, frozen... [+]lines - an organic slurpee, if you will. And we’re slowly branching into all-natural cocktails and mixology options.”Tractor Beverage CoA little over a year ago, Tractor Beverage Co’s better-for-you beverages were peddled at just over 300 retailers. Now they have a stronghold in over 3,500 ‘Pour Partners’ across the country, including Chipotle, Umami Burger, Pokeworks, Taim, and Jose Andres’ restaurants.By 2021, the brand expects to pull in a revenue of $40 million—up 470% from year prior. Over 2022, the company has its sights set on pulling in $70 million in revenue. “In 2018 we reported $2.6 million, 2020 we were $14 million,” says CEO Kevin Sherman. “We’re now looking at $4 million a month.”What’s the big draw? Tractor specializes in health-minded beverages, offering restaurants and customers a reprieve from the saccharine sodas usually found at fast-casual spaces. Think sweet a Show less Read more
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