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Home » Topics » Financial

Financial
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Q&A: Derek Hill Takes Over as President and CEO of Suntory-Controlled U.S. Bottler

In an Interview, Hill Says Aluminum Can Crisis Trending in Right Direction
January 25, 2022

There has been a changing of the guard at PepsiCo’s largest independently owned US franchise bottler, Pepsi Bottling Ventures. Paul Finney has retired as president and CEO, a post he had held since...


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Zoa Looks to Notch $20m in Sales in Debut Year With Backing From Dwayne Johnson

December 17, 2021
Zoa, the energy drink distributed by minority investor Molson Coors Beverage and backed by megastar actor Dwayne “The Rock” Johnson, looks to generate about $20 million in sales this year since the brand’s launch in March. According to data...
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International Perspective

Beverage Recovery Continued as KO, PEP Reported Q3 Gains in Most Global Markets
December 17, 2021

Third-quarter global beverage volumes grew in most global markets reported by Coca-Cola and PepsiCo, according to regulatory filings. That marks two consecutive quarters of widespread quarter-over-quarter volume sales growth internationally for the companies as countries recover from...


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Briefs: November 17, 2021

November 17, 2021

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


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Sparkling Water Category Growth Remains Elevated at Retail in 2021

Coke Brands Post Strong Gains. Market Leader Lacroix Underperforms
November 17, 2021

US sparkling water category growth at retail has remained strong through the first three quarters of this year despite lapping strong pandemic-related growth last year. Dollar sales were up +9.5% on volume and pricing growth of almost...


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Paying More in 2021: Non-Carb Beverage Pricing at Retail Outpaced 2020 Gains

Niagara Executive Anticipates ‘Relentless’ Cost Pressure Through 2022
November 17, 2021

Retail pricing has remained elevated this year for non-carbonated beverage categories tracked by BD. During the first nine-months of this year, all categories in the table on page 3 outpaced 2020 pricing at retail. This year’s pricing gains have been..


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What To Expect at Future Smarts 2021

November 15, 2021

We’ve assembled an exceptional program of speakers for this year’s Future Smarts conference, with more announcements to come. Our mostly 30-minute sessions are designed to be fast-paced, with a chance for attendees to participate with questions. This virtual program is hosted in real time because we like that energy. Read full article.

 


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KO, KDP Earnings Highlights

Away-From-Home Rebound in North America Not a Straight Line, Coke CEO
November 2, 2021

On Oct. 27, Coca-Cola raised full-year 2021 revenue guidance to a range of +13% to +14% after reporting 14% higher third-quarter organic revenue. The sales gain came on volume and pricing that each grew ...


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Energy Drinks at Retail, 9-Months 2021

Category Leaders Employ Varying Pricing Strategies to Grow This Year
November 2, 2021

The top-3 US energy drink leaders all posted double-digit growth rates that outpaced the category this year while employing disparate pricing strategies, according to BD data (see table). Red Bull grew ...


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Industry Reaches Halfway Mark to 20% Calorie Reduction Target

Sugarless Sports, Energy Drink Options Helped Accelerate Progress
November 2, 2021

Growth in low- and no-calorie carbonated soft drinks (CSDs), sports drinks, and energy drinks in recent years has accelerated a decline in beverage calories consumed by Americans, according to ...


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