Dr. Pepper Snapple Group (DPS) reported a 1.3% bump in revenue for Q1 2017 rising to $1.51bn from $1.49bn with its ginger ale brands showing the highest gains, while net profits dropped 3% due the acquisition of Bai Brands.
Dr. Pepper Snapple Group (DPS) experienced modest volume growth of 1% for the full-year ending December 31, 2016, largely due to positive performance of the company’s water portfolio, which was offset by low growth in soda sales.
Dr Pepper Snapple Group has invested $15m in a minority stake in Bai Brands, which has generated explosive growth in multiple retail channels with its 'antioxidant infusion' low-calorie Bai5 beverages.
Dr Pepper Snapple Group says it is battling headwinds against carbonated soft drinks – particularly diets – something it expects to see continue into 2015. But it remains upbeat about a ‘strong performance’ in 2014.
Dollar sales of low/zero calorie carbonated soft drinks (CSDs) plunged 8.6% in the four weeks to Sept 28, according to the latest Nielsen xAOC* data, which shows the diet soda market remains stuck in a rut.
Dr Pepper Snapple (DPS) CEO Larry Young insists US retailers are working hard with his firm to develop a ‘better-for-you’ carbonates platform, and said Royal Crown Cola Ten’s initial success was a ‘pleasant surprise’.
Lawyers for David Green - a California man who has accused Dr Pepper Snapple Group of making false and misleading claims about 7UP's (now defunct) ‘antioxidant’ drinks - argue it is attempting to “hide behind the law of federal preemption” in its...
CEO LARRY YOUNG WARNS ATTACKS ON CARBONATES WILL CONTINUE
Dr Pepper Snapple CEO Larry Young warns that US health lobby attacks on carbonates will persist, as his firm gears up to spend millions marketing new 2013 launches on its ‘critical’ low-calorie TEN platform.
Dr Pepper Snapple CEO Larry Young has urged patience on the firm’s new mid-calorie TEN portfolio, as analysts quizzed him on whether the brand was cannibalizing regular Dr Pepper sales, down 2% in Q3 2012.
Dr Pepper Snapple Group (DPS) insists that it can continue to grow Dr Pepper TEN volumes as it laps the low calorie soda’s launch, and is encouraged by 10-calorie test market results using other brands.
Dr Pepper Snapple Group's net income fell year-on-year in Q1 2012 with a marked slump in non-carbonate sales, although Dr Pepper TEN drove higher carbonates sales, with the firm hinting at further launches on this platform in 2013.
Anheuser boss August Busch is set to receive a windfall when his company is sold to InBev; but InBev has expressed dissatisfaction at its Q2 financial results. Likewise, Dr Pepper Snapple is proud of its progress, despite headwinds affecting the industry.
Cadbury Schweppes says that its American Beverages division is
defying the increasingly challenging conditions in the global
carbonated soft drinks market by performing above the company's
expectations for the year.
Cadbury Schweppes yesterday filed regulatory documents outlining
the demerger of its Americas beverage business into a new
company, revealing the company's strategy to maintain its position
as the world's largest confectionery...
The saga over the anticipated sale of Cadbury Schweppes'
US beverage division continues to roll on, with the company
understood to have turned down a revised offer for the arm,
according to news reports in the UK.
As the makers of Perrier water absorbed the full consumer backlash
from recalling drinks containing benzene in the US, Cadbury
Schweppes quietly pulled one of its own products for the same
reason, new documents show.
Diet trends help Cadbury Schweppes to push forward in the US, yet
its European soft drinks arm looks to be a weak link as tough
market conditions hamper sales, profits and margins, reports