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Items Tagged with 'quarterly financial results'
Starbucks Coffee Co., Seattle, reported its financial results for the third quarter of its fiscal-year 2014.
London-based SABMiller plc reported total beverage volume growth of 3 percent, on an organic basis, in its first quarter of 2014, which ended June 30. In addition, the company’s group net producer revenue (NPR) was up 6 percent, and group NPR per hectoliter was up 3 percent, both on an organic, constant currency basis, in the term.
PepsiCo Inc., Purchase, N.Y., reported organic revenue growth of 3.6 percent and reported net revenue growth of 0.5 percent in the second quarter of 2014, compared with the prior-year period. Global beverages experienced 2 percent organic revenue growth and a 1 percent reported net revenue decline because of unfavorable foreign exchange translation and the company’s refranchising of its bottling operations in Vietnam, it says.
Castle Brands Inc., New York, reported positive results for the fourth quarter and fiscal year ending March 31.
Campbell Soup Co., Camden, N.J., reported a 1 percent increase in organic sales to $184 million in the third quarter of fiscal-year 2014.
Kefir manufacturer Lifeway Foods Inc., Morton Grove, Ill., announced positive results for the first quarter ending March 31.
Monster Beverage Corp., Corona, Calif., reported a more than 10 percent increase in gross sales to nearly $614 million in the first quarter of 2014, which ended March 31. Net sales in the term also increased by more than 10 percent to $536 million, and gross profit reached 53.5 percent of net sales.
Boston-based The Boston Beer Co. Inc. reported its first quarter 2014 net revenue totaled $183.8 million, an increase of $47.9 million or 35 percent compared with the prior-year period. The company attributes this growth to a 32 percent increase in core shipments. Net income for the first quarter was $8.3 million, an increase of $1.4 million from the first quarter of 2013, also primarily due to shipment increases that were partially offset by increased investments in advertising, promotional and selling expenses, and the impact of a favorable federal income tax settlement.
Boca Raton, Fla.-based Celsius Holdings Inc. reported its financial results for the three months ending March 31. The company marked a 65 percent increase in revenue to $3.9 million in the quarter, with domestic sales increasing 16 percent and international sales increasing 133 percent, it says. As such, gross profit increased 61 percent to $1.4 million.
Dr Pepper Snapple Group Inc., Plano, Texas, reported that net sales and volume both increased 1 percent, respectively. These increases were impacted by favorable product and package mix and net pricing, partially offset by unfavorable segment mix and 1 percentage point of foreign currency.