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 CEO Larry Young insists Dr Pepper will always be a priority, despite the brand’s decline against growth of some of the group’s other beverages.
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.
As one analyst suggests that Dr Pepper Snapple Group has hit a ‘home run’ with Mexican mineral water brand Penafiel, the company says it hopes to increase distribution in the US.
'WE'LL NEVER GIVE UP ON HAWAIIAN PUNCH' - CEO LARRY YOUNG ROARS
Dr Pepper Snapple (DPS) CEO Larry Young insists his firm will ‘never give up’ on Hawaiian Punch after one financial analyst suggested that the brand might be a busted flush.
Q3 2013 RESULTS: GROUP SALES UP BUT PROFIT DOWN Y-O-Y
Dr Pepper Snapple Group (DPS) has confirmed that it plans to close a Texas warehouse and distribution center and consolidate operations at a larger facility in the state.
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.
The US Food and Drug Administration (FDA) has warned Dr Pepper Snapple Group (DPS) bottler the American Bottling Company after an inspection revealed serious HACCP failings at a Texas plant.
RC Cola International (RCCI) says that per capita cola consumption is low in Africa and that it plans to exploit growth opportunities across the continent by growing its bottling network there.
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.
The CEO and president of Dr Pepper claims that all the evidence thus far signals that customers are 'thrilled to death' with the firm’s controversial new ‘men-only’ low-calorie drink Dr Pepper Ten.
A Texas-based bottling company said it is prepared to challenge beverage giant Dr Pepper Snapple over a claim that the license agreement for its beverage product is being violated by the small firm.
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.
This week, InBev confirms its interest in Budweiser brewer Anheuser
Busch, Foster's plans to shake up its flagging wine division and
the Dr Pepper Snapple Group targets the US energy drink market.
This week, Coca-Cola and SABMiller expect further profit ahead
after recording sales improvements, while Cadbury Schweppes moves
nearer to its beverage-arm demerger.
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...
Cadbury Schweppes today opted to demerge its €10bn beverage
arm from its confectionary business by listing the unit
as a separate company on the New York Stock Exchange.
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.
The sale of Cadbury Schweppes' US beverage division has been
setback by unfavorable market conditions that could undervalue the
operations, the company said today.
As part of a plan to sell its drinks business, Cadbury Schweppes
today said it has acquired the Southeast-Atlantic Beverage Corp.
(Seabev), the second largest independent bottler in the US.
Cadbury Schwepps will attempt to drive down costs in its
confectionary arm by £300m (€438m) a year and enter the US sports
drink market, according to a newspaper report.
Cadbury Schweppes has said it will separate its confectionery and
US soft drinks businesses, sending ripples of speculation across
the financial sector about the firm's motives.
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
Chris Mercer.
Constar International, a leading producer of PET containers, has
collaborated with Mott's to redesign the ReaLemon and ReaLime
juices from concentrate bottles.
Constar International, a leading producer of PET containers, has
collaborated with Mott's to redesign the ReaLemon and ReaLime
juices from concentrate bottles.
