GURU Organic Energy Corp. (TSX: GURU) (“
GURU” or
the “
Company”), Canada’s leading organic energy
drink brand2, today announced the upcoming US launch of its Zero
Sugar line on Amazon, Life Time and at select retailers.
Carl Goyette, President and CEO of GURU said:
“Building on the strong performance of our FOCUS Punch line in both
Canada and the US, we’re excited to introduce GURU Zero to meet the
growing demand for sugar-free energy drinks. This innovation
targets the booming zero sugar segment of the $20+ billion
North American energy drink market.”
“What really sets GURU Zero apart from other
sugar-free drinks is that our ZERO SUGAR energy drinks are the only
ones on the market that contain no sucralose or aspartame —
artificial sweeteners often associated with potential health
risks.”
“Like our consumers, our brand evolves with them
and stays relevant to their needs. With the early success of Zero
Wild Berry in Quebec, we believe our Zero line will perform well in
the much larger US market as we continue our mission to clean up
the energy drink market,” concluded Mr. Goyette.
“GURU Zero Wild Berry has already proven to be a
huge success from the start, with our unique organic, zero-sugar
formula, metabolism-boosting properties and unparalleled taste,”
added Luc Martin-Privat, PharmD, GURU's Brewmaster and Vice
President of R&D and Innovation. “Our two new flavors, Wild
Strawberry Watermelon and Wild Ruby Red, are sure to appeal to a
large number of natural energy drink consumers. As innovation
continues to be a key element of GURU's future growth, we are
constantly looking for ways to evolve with consumers in terms of
functionality and taste trends.”
To support the US launch, GURU will roll out a
comprehensive marketing campaign featuring digital media, engaging
social media content, and collaborations with influencers who
embody the active, health-conscious lifestyle GURU promotes.
About GURU ZeroWILD ON TASTE,
ZERO ON SUGAR: With ZERO SUGAR, zero artificial sweeteners and a
variety of wild flavors, consumers can let their awakened energy
run wild with absolutely zero regrets.
NATURAL ENERGY THAT LASTS: Packed with 140 mg of
natural caffeine.
METABOLISM BOOST: The combination of caffeine
and EGCG “epigallocatechin gallate” has been clinically studied to
boost metabolism and convert energy faster to support active
lifestyle and improved physical performance.
ORGANIC, ZERO SUGAR, ZERO SUCRALOSE, ZERO
ASPARTAME: The only energy drink on the market to offer all
four.
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.
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 Convenience & Gas 52 weeks ended November
2023, SPINS Multi-Outlet+Natural Channel 52 weeks ended November
2023.2 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 |
MediaLyla RadmanovichPELICAN
PR514-845-8763media@rppelican.ca |
|
|
Francois Kalos |
|
francois.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, as well as the COVID-19 pandemic, the war in Ukraine
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; risks
associated with the PepsiCo distribution agreement; accounting
treatment of the PepsiCo Warrants; 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.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/81bb6462-010b-4aa4-a1e7-08fec230ecd8https://www.globenewswire.com/NewsRoom/AttachmentNg/5f3b36df-8436-4729-9d6b-b1a116e8b5e6
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