PepsiCo Americas Beverages division reports slight declines in the quarter
October 16, 2013
Purchase, N.Y.-based PepsiCo reported net revenue of $16.9 billion in the third quarter of 2013. This marks 1.5 percent growth in the quarter and 2 growth percent year-to-date, the company reports. Organic revenue grew 3.3 percent in the quarter and 3.9 percent year-to-date, and core constant currency operating profit rose 3 percent in the quarter, reflecting increased advertising and marketing expense and $28 million of incremental investments.
Company reports 25th consecutive quarter of value share growth
October 15, 2013
The Coca-Cola Co., Atlanta reported its third-quarter and year-to-date 2013 results, noting continued global value share gains in total non-alcohol ready-to-drink (NARTD) beverages. Worldwide volume grew 2 percent in the quarter and year-to-date, with North American volume up 1 percent in the quarter and year-to-date, the company reports.
Other seasonal flavors return to shelves for limited time
October 14, 2013
Orrville, Ohio-based The J.M. Smucker Co. launched new Apple Pie ground coffee and re-released Pumpkin Spice and Mocha Mint ground coffees for the fall and winter seasons under the Dunkin Donuts brand name.
Nine new partners form network in brand’s 35th state
October 14, 2013
Fort Collins, Colo.-based New Belgium Brewing signed deals with nine wholesale partners to distribute its beer in Ohio starting Dec. 16. New Belgium’s 22-ounce Fat Tire, Ranger India Pale Ale (IPA), seasonal release Accumulation White IPA and Lips of Faith beers will be available throughout the state as a result of the new partnerships. Some draught offerings might come online in the initial rollout as well.
Seasonal favorites inspire cocktails in on-premise channel
October 11, 2013
Cranberry, caramel, apple, cinnamon and pumpkin are among the top flavors featured in flavored vodkas this fall, according to Chicago-based Technomic Inc.’s online Digital Resource Information Knowledgebase (DRINK) database.