The plant-based alternative milk maker took a non-cash asset impairment charge of $172.6 million.

The oat-based skyr products are sold in single-serve cups and multi-serve containers.

The new Almond Breeze flavor is set to arrive at retailers in January.

More than 900 comments from industry voices were submitted after the FDA announced proposed recommendations.

Brian W. Kocher succeeds Joseph Ennen.

The company is transitioning to an asset-light business model.

The revamped formula will be incorporated into the company's non-dairy pints by spring of 2024.

Mooala Simple launches with oat milk and almond milk options.

Plant-based milk has become a household staple, while alternatives for other dairy products continue to grow.

The company said switching to the new packaging will reduce its plastic use by 78% per cup.