1. Department & Category

I bought a failing snack company for $250,000—now it brings in $103 million a year

Written by Posted on Less than 0 min read
WitScore: 5

Wall Street veteran Charles Coristine bought LesserEvil, a failing snack company, in 2011. Now a profitable business known primarily for its coconut oil popcorn, it brought in $103 million in gross sales in 2023. Here’s how Coristine is turning LesserEvil into a household name.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Trends & External Forces

Beyond Meat cuts revenue outlook, says it’s trimming workforce

KEY POINTS Beyond Meat lowered its 2022 revenue forecast and announced it will trim its workforce by 4% The company cited inflation, rising interest rates and recession concerns for the revised outlook. The company’s net sales also dropped 1.6% to $147 million and its net loss widened. Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, […]
2 min read
0
  1. Shopper & Customer

Target says its holiday sales were better than expected — but its profits weren’t

The big-box retailer’s report indicates that deals and promotional events motivated shoppers. View Original Article Shoppers Holiday & Events Target CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Department: Consumer Durables

Adidas launches investigation into Ye conduct claims

The German sportswear brand said it was taking anonymous allegations made about the musician’s conduct while working on Yeezy products “very seriously.” View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Mass

Target Pride backlash adds to sales woes as culture wars rage in corporate America

​[[“value”:”As Target reported earnings, CEO Brian Cornell defended the company’s decision to pull some merchandise, but said it will continue to celebrate Pride month.”]]  View Original Article Target Results & Investment Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Department: Adult Beverage

Daily marijuana use surpasses alcohol consumption, new study finds. Here’s what it means for the booze business

Some analysts on Wall Street think increased cannabis adoption will have an impact on the alcohol industry, with the potential for mergers and fewer beer sales. View Original Article Mergers Cannabis Dept. Adult Bev Dept. Beverage Dept. HBC Consumers Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Shopper & Customer

Are consumers pulling back on spending? It depends on which CEO you ask

Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases. View Original Article Consumers Shoppers Restaurants PepsiCo Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Channel: Restaurants

Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown

Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street’s estimates for their quarterly same-store sales growth. View Original Article Restaurants International – North America Consumers Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Trends & External Forces

Jim Cramer’s Investing Club meeting Friday: Hot inflation, Nvidia, earnings on deck

​   ​     View Original Article Results & Investment Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's […]
< 1 min read
0
  1. Channel: Restaurants

Why Cramer is in ‘wakeup-call mode’ on Starbucks

​ ​  ​[[“value”:”The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.”]]  View Original Article Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across […]
< 1 min read
0
  1. Department: Food

N.J. deli stock fraud defendant behind bars as feds reveal he renounced U.S. citizenship

​   ​  [[“value”:”Three men, including Peter Coker Jr. and his dad, are accused of pumping up the stock price of a New Jersey deli-owning company once valued at $100 million.”]]    View Original Article Dept. Deli Dept. Fresh Prepared Legal & Criminal CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized […]
< 1 min read
0
  1. Corporate Strategy

Levi’s CEO says the ‘head-to-toe denim lifestyle’ is seeing success

In a Wednesday interview with CNBC’s Jim Cramer, Levi Strauss CEO Michelle Gass said the popularity of “top-to-bottom” denim outfits is growing. View Original Article Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Shopper & Customer

‘Stop the price-gouging’: Biden hits corporations over high consumer costs

​ ​  ​[[“value”:”Big business and junk fees prove easy targets for the White House in the inflation blame game.”]]  View Original Article Consumers Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Technology & Innovation

Amazon will now allow cashierless checkout for clothing

​[[“value”:”Previously, the system was primarily in use at convenience and grocery stores.”]]  View Original Article Technology & Innovation Dept. Apparel Tech: Cashierless Amazon Brick and Mortar CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Channel: Specialty & Other

Overstock.com wins auction for Bed Bath & Beyond’s intellectual property, digital assets

​[[“value”:”E-commerce discounter Overstock.com will buy Bed Bath & Beyond’s intellectual property and digital assets for $21.5 million.”]]  View Original Article Bed Bath & Beyond CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Corporate Strategy

Sustainability alone is not enough for consumers to change their shopping habits, Garnier exec says

Sustainability alone will not be enough for consumers to change their shopping habits, according to Garnier’s global brand president. View Original Article Executives Sustainability Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Corporate Finance

Vans, North Face owner VF Corp.’s shares jump after activist investor builds stake

​[[“value”:”Activist investor Engaged Capital said it took a stake in Vans owner VF Corporation, pushing for aggressive changes.”]]  View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Department & Category

Jim Cramer’s Investing Club meeting Monday: Fed update, oil stocks, Disney

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article Dept. Fuel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month […]
< 1 min read
0
  1. Stores & Formats

Krispy Kreme to offer four new Doughnut Dot flavors

The Krispy Kreme menu additions come as the company prepares for a massive rollout into McDonald’s stores, and raises the competition with Dunkin’. View Original Article Brick and Mortar Competition Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Technology & Innovation

Oddity Tech expects revenue growth up to 31%, according to preliminary third-quarter results

​[[“value”:”Il Makiage and Spoiled Child parent company Oddity Tech started trading on the Nasdaq in July and has seen shares fall by about 50%.”]]  View Original Article Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Corporate Strategy

Dick’s Sporting Goods expects more profit momentum after solid holiday quarter

CEO Lauren Hobart said the company’s 2022 outlook establishes a new foundation for the Dick’s to build upon in the future. View Original Article Dept. Nonfood Dept. Sporting goods Predictions and Forecasts Executives Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
Next