Coffee

Briefs: July 1, 2020

July 1, 2020

Coca-Cola will give US employees a paid day off on Election Day, Nov. 3, to make it easier to vote, according to an internal Coke memo...

Annual Industry Report: 2019 Volume and Value Analysis

US Non-Alcoholic Beverage Industry Flexed Pricing Muscle Last Year

June 1, 2020

Annually, BD publishes estimated volume and value sales data for US liquid refreshment beverages (LRB) and carbonated soft drinks (CSD). The data included in this special issue estimates beverage consumption for all measured and unmeasured channels, including packaged retail, fountain and vending. Data for juice, tea, coffee and dairy categories focus on single-serve, direct-store-delivered beverages and generally do not include warehouse-delivered or refrigerated products by Coca-Cola, PepsiCo and Keurig Dr Pepper. CSD estimates in this report include traditional soft drinks and energy drinks, which are both carbonated and share similar manufacturing and distribution methods. The fountain channel includes everything from restaurants, such as McDonald’s and Taco Bell, to sports venues.

1Q Earnings Wrap

Big-3 Soda Makers Adjust to Crisis

May 6, 2020

In late April, Coca-Cola, PepsiCo and Keurig Dr Pepper reported first-quarter earnings. Those results, however, were less interesting that the outlook for the second quarter and the rest of the year. Below is a synopsis, culled by BD from earnings call transcripts, of actions the three companies are taking to adjust to market conditions during the crisis.

Insights from Coca-Cola's 1Q Earnings. April Global Volume Down -25%.

CEO Sees Challenging Second-Quarter. Says Crisis Response in Coke's 'DNA.'

April 21, 2020

Coca-Cola CEO James Quincey emphasized the company’s resilience today as it reported first-quarter earnings amid the COVID-19 pandemic. Here are initial takeaways from today’s earnings release and company-hosted calls with Wall Street analysts and media:

Briefs: April 14, 2020

April 14, 2020

COVID-19 UPDATES. States have been expanding access to online grocery delivery and pickup service for SNAP recipients in response to safety concerns during the...

Retail Survey: Promotions During Easter Holiday Sales Period

April 14, 2020

The COVID-19 disruption extended through last week’s important Easter holiday sales period. Large family gatherings and community egg hunts were shut down across the country. The holiday also came on the heels of a month of extreme grocery stock-up in April. BD took a look at...

Earnings Wrap: Coke CEO Assesses Coronavirus Risk

Costa Coffee Accelerating Express Machine Expansion. Plus, 4Q Coke Revenue Jumps +7.0%. Shares Hit Record High.

February 7, 2020

During a Jan. 30 conference call with Wall Street analysts to discuss Coca-Cola’s fourth-quarter earnings report, CEO James Quincey was asked about potential impacts from the Coronavirus outbreak in China. And in an interview, he discusses plans for Costa Coffee in the US...

Territory Changes and Deals: January 21, 2020

January 21, 2020

Cott to Acquire Primo. Cott has agreed to acquire Primo Water, the maker of water dispensers and selfservice refill drinking water stations, for...

Briefs: December 17, 2019

December 17, 2019

Pepsi Café. PepsiCo has announced a new coffee-infused cola to launch in April. Pepsi Café will be sold in 12-oz slim cans in original and vanilla for a limited time. The drink comes with almost twice the caffeine of a regular Pepsi, according to the company. The product appears to...

FS19 Recap: Keurig Dr Pepper CCO Derek Hopkins

Sees No Dr Pepper Move from KO, PEP; Opportunity in Energy, Hydration; Strong Allied Brand Strategy.

December 17, 2019

Keurig Dr Pepper Chief Commercial Officer Derek Hopkins has been as close as anyone to the merger of Keurig Green Mountain and Dr Pepper Snapple. Hopkins served as chief integration officer for the transaction and before that was president of Keurig Green Mountain’s US business. His experience in the global beverage industry is deep, with stints at Coca-Cola, AB InBev, Bacardi and Guiness Diageo. The following is a recap of his Future Smarts conference interview in Dec. 9 in New York.