Finance and Economics APP noted that the stock price of Zevia PBC (ZVIA.US), a sugar-free beverage manufacturer, surged more than 25% on Monday to its highest level since January. Zevia is the stock with the largest increase in the beverage industry in the past six weeks, with a growth of 72%.

Zevia PBC is expanding its distribution from over 800 Walmart stores to over 4,300 nationwide stores this month. Zevia CEO Amy Taylor stated: 'Our exciting expansion with Walmart is built on years of insights to better understand and define a better soda category for you - past, present, and future.'

During the company's earnings conference call, Zevia management expressed confidence in the strong sales seen in the third quarter through its key strategic channels. Grocery channel scans show an 8% growth in sales and a 9% increase in volume this quarter. Consumers have had a strong response to Zevia's new flavors.

Looking ahead, Zevia is optimistic about the development of the healthy soda water market, noting that the growth rate of the market is expected to be three times faster than the carbonated drink market in the next five years. 'Through expanding marketing, focusing on distribution expansion, and product innovation, we believe we are capable of becoming a long-term leader in the natural soda water market. We are charting a clear path to reaccelerate growth and significantly increase adjusted EBITDA,' emphasized Taylor.