With consumer confidence trending lower, as measured by both the Conference Board and the University of Michigan, concerns over the affordability of ready-to-drink beverages is intensifying. Today’s newsletter captures the tension between consumers protecting their budgets and beverage companies protecting their margins.
The lead story on page 3 checks in with Coke, Pepsi, and Dr Pepper bottlers to see how they are coping with rising commodity prices, softening pricing growth, and weakening volume performance. BD informally surveyed bottlers in May. Almost two months later, how are bottlers faring and feeling? The short answer: ...
A follow-up informal survey of US soda bottlers finds a cautiously improved mood on fuel costs and deepening concern about aluminum costs since an earlier survey in May. BD reached out to bottlers amid the elevated US inflation rate and the uncertainty of a war with Iran, which drove up global oil prices. Several operators across the Coca-Cola, PepsiCo, and Keurig Dr Pepper bottling systems now say...
