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Home » Topics » Financial

Financial
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Red Bull, Bodyarmor Grow Most In 2021, IRI/BCG Study Says

February 23, 2022

Red Bull was the “growth leader” among large US consumer packaged goods companies last year, according to a newly released report by IRI and Boston Consulting Group. The global energy drink maker grew...


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U.S. CSD Category Dollar Sales Up +8.1% as Pricing Growth Skyrockets

February 23, 2022

Last year’s US carbonated soft drink market notched unprecedented retail pricing growth, driving up category dollar sales by +8.1% on volume that declined -1.1%, according to BD data. As the table below shows, CSD pricing jumped +9.3% in 2021, which represented...


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U.S. Coke Bottlers Grapple With Alcohol Question and What it Means for Them

Two Camps Emerge: One Welcomes New Investment. Other Wants Direct Upside
February 23, 2022

Coca-Cola’s foray into the US alcohol beverage market has spurred mixed feelings from Coke bottlers without alcohol operations as they evaluate what the development means for their businesses. Coke and Molson Coors have steadily expanded distribution and added line extensions for Topo Chico Hard Seltzer, first introduced early last year. Coca-Cola has since licensed...


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Briefs: February 9, 2022

February 9, 2022

A collection of recent developments from around the industry to keep you up to speed...


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Canopy Growth’s ‘Total Mood Management’ Strategy

Innovation Chief Julian Cohen Explores Cannabis Drinks for Energy, Relaxation, Sleep
February 9, 2022

Canopy Growth Chief Innovation Officer Julian Cohen says the company views cannabis as a consumer product, just like beverages and snacks. He sees an opportunity for cannabis to play in a “beneficial” beverage space in which cannabis and other functional ingredients such as vitamins, antioxidants and adaptogens are blended to “deliver on the promise of what we call total mood management.” In a separate interview, Canopy Chief Product Officer Tara Rozalowsky provided an update on the company’s US business and Quatreau’s launch.


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Niagara Raising Bottled Water Prices to Offset Higher Costs

Plus, PepsiCo Soft Drink Concentrate Pricing Up +7.5% for 2022
February 9, 2022

Niagara, the country’s largest private label bottled water producer and a co-packer for companies including Coca-Cola, informed retailers this week that rising input costs will force a wholesale price increase on March 1. Niagara is battling higher supplier costs for...


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Coke United's Brain Trust Looks Ahead to 2022 and New Leadership

Incoming CEO Mike Suco Stood Out as Keeper of Atlanta Flame
February 9, 2022

Coca-Cola Bottling Company United, Coca-Cola’s third largest US bottler, has named Mike Suco as the company’s eighth president and CEO in its 120-year history. Currently an SVP and chief commercial officer, Suco will succeed the retiring John Sherman as head of the Birmingham, Alabama-based bottler whose territory includes...


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Briefs: January 25, 2022

January 25, 2022

A collection of recent developments from around the industry to keep you up to speed...


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Lemon Perfect Targets $60M in Retail Sales This Year, Founder Says

Considers Multipack. And 16-Oz Bottle for Eventual C-Store Push
January 25, 2022

In 2020, BD flagged a young brand called Lemon Perfect that was picked up by distribution rainmaker Big Geyser and launched with some trepidation in New York City as the pandemic swept into the US. BD checked in with founder Yanni Hufnagel this month to see how the Beechwood Capital-backed brand has done since. He said he expects ...


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Stock Watch: Coca-Cola Consolidated Shares Jumped +57% in 2021

Bottlers Femsa, CCEP Gain
January 25, 2022

While most US-traded beverage stocks tracked by BD increased in value last year, few beat the almost ...


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