GURU Organic Energy Announces Transition from Distribution Agreement with PepsiCo Canada
2024年11月25日 - 9:00PM
GURU Organic Energy Corp. (TSX: GURU) (“
GURU” or
the “
Company”), Canada’s leading organic energy
drink brand1, today announced that its distribution agreement with
The Pepsi Bottling Group (Canada), ULC, a subsidiary of PepsiCo
(“
PepsiCo Canada”), will conclude on May 22, 2025.
The termination occurred in accordance with the terms outlined in
the agreement with PepsiCo Canada signed in June 2021. GURU will
transition back to its proven direct distribution model that drove
GURU’s growth from 1999 to 2021, ensuring uninterrupted service to
retailers and consumers across Canada.
“We are excited to resume direct business
relationships with all retailers across Canada, reconnect with our
partners and strengthen GURU's presence in the market while
continuing to grow our presence online and in the U.S.,” said Carl
Goyette, President and CEO of GURU. “We remain committed to
delivering the same high-quality products and service to our valued
customers and partners throughout the transition.”
Between now and May 22, 2025, GURU will work
closely with PepsiCo Canada to ensure a smooth transition for all
stakeholders. Post-transition, GURU plans to expand its internal
sales force and reestablish partnerships with distributors who
share its vision for better-for-you energy innovation.
This transition aligns with GURU’s focus on
fostering a more direct connection with consumers and reinforcing
its unique position as a leader in the natural energy drink space.
The Company is confident that this change will provide greater
flexibility, stronger brand control, and the ability to reinvest in
growth opportunities.
About GURU ProductsGURU energy
drinks are made from a short list of plant-based active
ingredients, including natural caffeine, with zero sucralose and
zero aspartame. These carefully sourced ingredients are crafted
into unique blends that push your body to go further and your mind
to be sharper.
To explore GURU's range of organic energy
drinks, visit www.guruenergy.com or find us on Amazon.
About GURU Organic EnergyGURU
Organic Energy Corp. (TSX: GURU) is a dynamic,
fast-growing beverage company that launched the world’s first
natural, plant-based energy drink in 1999. The Company markets
organic energy drinks in Canada and the United States through an
estimated distribution network of about 25,000 points of sale, and
through www.guruenergy.com and Amazon. GURU has built an inspiring
brand with a clean list of organic ingredients, including natural
caffeine, with zero sucralose and zero aspartame, which offer
consumers Good Energy that never comes at the expense of their
health. The Company is committed to achieving its mission of
cleaning the energy drink industry in Canada and the United States.
For more information, go to www.guruenergy.com or follow us
@guruenergydrink on Instagram, @guruenergy on Facebook and
@guruenergydrink on TikTok.
1 Nielsen: 52-week period ended July 13, 2024,
All Channels, Canada vs. the same period a year ago.
For further information, please
contact:
GURU Organic
EnergyInvestorsCarl Goyette, President
and CEOIngy Sarraf, Chief Financial
Officer514-845-4878investors@guruenergy.com
Francois Kalosfrancois.kalos@guruenergy.com
Forward-Looking InformationThis
press release contains “forward-looking information” within the
meaning of applicable Canadian securities legislation. Such
forward-looking information includes, but is not limited to,
information with respect to the Company’s objectives and the
strategies to achieve these objectives, as well as information with
respect to management’s beliefs, plans, expectations,
anticipations, estimates and intentions. This forward-looking
information is identified by the use of terms and phrases such as
“may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”,
“anticipate”, “plan”, “believe” or “continue”, the negative of
these terms and similar terminology, including references to
assumptions, although not all forward-looking information contains
these terms and phrases. Forward-looking information is provided
for the purposes of assisting the reader in understanding the
Company and its business, operations, prospects and risks at a
point in time in the context of historical and possible future
developments and therefore the reader is cautioned that such
statements may not be appropriate for other purposes.
Forward-looking information is based upon a number of assumptions
and is subject to a number of risks and uncertainties, many of
which are beyond management’s control, which could cause actual
results to differ materially from those that are disclosed in or
implied by such forward-looking information. These risks and
uncertainties include, but are not limited to, the following risk
factors, which are discussed in greater detail under the “RISK
FACTORS” section of the annual information form for the year ended
October 31, 2023: management of growth; reliance on key
personnel; reliance on key customers; changes in consumer
preferences; significant changes in government regulation;
criticism of energy drink products and/or the energy drink market;
economic downturn and continued uncertainty in the financial
markets and other adverse changes in general economic or political
conditions, and geopolitical developments, global inflationary
pressure or other major macroeconomic phenomena; global or regional
catastrophic events; fluctuations in foreign currency exchange
rates; inflation; revenues derived entirely from energy drinks;
increased competition; relationships with co-packers and
distributors and/or their ability to manufacture and/or distribute
GURU’s products; seasonality; relationships with existing
customers; changing retail landscape; increases in costs and/or
shortages of raw materials and/or ingredients and/or fuel and/or
costs of co-packing; failure to accurately estimate demand for its
products; history of negative cash flow and no assurance of
continued profitability or positive EBITDA; repurchase of common
shares; intellectual property rights; maintenance of brand image or
product quality; retention of the full-time services of senior
management; climate change; litigation; information technology
systems; fluctuation of quarterly operating results; conflicts of
interest; consolidation of retailers, wholesalers and distributors
and key players’ dominant position; compliance with data privacy
and personal data protection laws; management of new product
launches; review of regulations on advertising claims, as well as
those other risks factors identified in other public materials,
including those filed with Canadian securities regulatory
authorities from time to time and which are available on SEDAR+ at
www.sedarplus.ca. Additional risks and uncertainties not currently
known to management or that management currently deems to be
immaterial could also cause actual results to differ materially
from those that are disclosed in or implied by such forward-looking
information. Although the forward-looking information contained
herein is based upon what management believes are reasonable
assumptions as at the date they were made, investors are cautioned
against placing undue reliance on these statements since actual
results may vary from the forward-looking information. Certain
assumptions were made in preparing the forward-looking information
concerning availability of capital resources, business performance,
market conditions, and customer demand. Consequently, all of the
forward-looking information contained herein is qualified by the
foregoing cautionary statements, and there can be no guarantee that
the results or developments that management anticipates will be
realized or, even if substantially realized, that they will have
the expected consequences or effects on the business, financial
condition, or results of operation. Unless otherwise noted or the
context otherwise indicates, the forward-looking information
contained herein is provided as of the date hereof, and management
does not undertake to update or amend such forward-looking
information whether as a result of new information, future events
or otherwise, except as may be required by applicable law.
GURU Organic Energy (TSX:GURU)
過去 株価チャート
から 11 2024 まで 12 2024
GURU Organic Energy (TSX:GURU)
過去 株価チャート
から 12 2023 まで 12 2024