Revenue increase attributed to return of normal weather patterns
November 6, 2013
Coca-Cola Bottling Co. Consolidated, Charlotte, N.C., announced that it earned $16.2 million on net sales of $434.5 million for the third quarter of 2013, compared with a net income of $10.1 million on net sales of $419.9 million for the prior-year period.
On-premise ale and cider sales were on the rise in the third quarter of 2013, reports Restaurant Sciences LLC, Newton, Mass. Ale sales grew 2 percent and cider sales grew 39 percent compared with the prior-year period, it reports. Comparatively, nationwide on-premise lager sales were down 7 percent compared with the third quarter of 2012, it adds.
Approximately two out of three “health and eco” consumers identify selection of healthy and organic products or produce as the most important factor when deciding where to shop regularly, according to the August 2013 “Market Lifestyle of Health and Sustainability (LOHAS) MamboTrack Health & Natural Shopper Research & Beverage Market Industry Insight” report.
Jamba Inc., Emeryville, Calif., reported unaudited financial results for the second fiscal quarter that ended July 2. The company recorded a quarterly comparable store sales increase of 2.2 percent for company-owned stores, driven by increases in store traffic and average check.
Although I’m not nearly ready to start thinking about buying gifts for the holidays, almost a quarter of Americans already began their shopping in mid-September, according to Nielsen.
Global consumers’ intent to buy food and beverages online increased 44 percent in two years, with 26 percent of global respondents reporting they planned to purchase food and beverage products by way of a device with Internet access, such as a computer, mobile phone or tablet, in the next three to six months, according to market research firm Nielsen, New York.
As with last year, the popularity of craft beer continues to have an impact on the list with new entries from a few craft brewers nationwide. Also similar to last year’s list, the cut-off point for the Top 100 list remains $20 million in global net beverage sales. The median standards of the list continue to rise as last year’s midpoint ranked at $285 million, and this year energy shot-manufacturer Living Essentials ranks halfway on the list with an estimated $325 million in sales.