Seeking Alpha

Soft drink makers slide on cautious outlook

  • Coca-Cola (KO -1.7%) is about the worst performer in the Dow today following JPMorgan's cautious outlook. More detail:
  • Analyst John Faucher calls declining volume in the North American carbonated soft drink category "the worst performance we have ever seen, with volumes continuing to decline despite a falloff in pricing growth."
  • Also seeing estimate cuts is Dr Pepper Snapple (DPS -1.6%).
Comments (2)
  • Veritas1010
    , contributor
    Comments (1636) | Send Message
     
    I believe KO's management is aware of the tectonic changes in sugar water and chemical aversion by the enlightened, that is why they'll continue to diversify as needed and necessary.

     

    I just don't think mama' raised any ignorant children in this area of Atlanta!

     

    disc.: long KO, but hesitant to add more at this time despite price.
    2 Oct 2013, 01:39 PM Reply Like
  • maybenot
    , contributor
    Comments (4480) | Send Message
     
    Good. I want to buy more. Bad news is good news.

     

    KO brings a smile.
    2 Oct 2013, 11:43 PM Reply Like
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