Coca-Cola Consolidated said it will begin construction this month on a $55 million, 400,000-square-foot automated warehouse and distribution center in the Indianapolis suburb of Whitestown. That will free up space
Starting this weekend, Monster Beverages will be free to sell everything from soft drinks to bottled waters outside the Coke system anywhere in the world, including in the US. The contractual waypoint has set off speculation...
Coca-Cola and Keurig Dr Pepper boosted carbonated soft drink pricing in the first
quarter across all measured channels, as PepsiCo’s pricing declined. As shown in the
table ...
On April 28, PepsiCo announced an exclusive agreement with Vital Pharmaceuticals to distribute Bang Energy in the US (BD News Alert 4/28/20). The alliance gives PepsiCo access to a brand that has surpassed Rockstar as the third largest energy drink, and to a performance energy category that has attracted new competitors including...
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.
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...
A sports drink brand backed by cannabis producer Canopy Growth and with potential access to the beer distribution network of Constellation Brands is preparing to launch its first ready-to-drink product next month. Toronto-based BioSteel Sports Nutrition, known for its powdered pink beverage, wants to...
Given triple-digit percentage growth rates for hard seltzers and the increasing trend
toward ultra-low-calorie beers, BD decided to take a look at calorie counts for alcoholic
beverage segments and brands...
On March 11, PepsiCo announced an agreement to buy Rockstar Energy for $3.85 billion plus $700 million worth of tax benefits payable over 15 years (BD Email News Alert 3/11/20). Aside from the opportunity to grow Rockstar...
Any Sale of Brand ‘Shouldn’t Have Substantive Ramifications,” for PepsiCo, CFO Says.
February 21, 2020
During PepsiCo’s Feb. 13 earnings conference call with analysts, CEO Ramon Laguarta and CFO Hugh Johnston appeared to throw cold tea on the idea of the company acquiring Unilever’s Lipton tea brand. Unilever has said it is considering a sale of the global brand as demand for...