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Beverage stocks perk up after Nielsen data dump

Oct. 18, 2016 12:31 PM ETThe Coca-Cola Company (KO) StockKO, PEP, FIZZ, DPS-OLD, MNST, PRMWBy: Clark Schultz, SA News Editor1 Comment
  • Beverage stocks are active after the latest data dump from Nielsen on sales trends.
  • Wells Fargo notes that most beverage categories showed growth for the period ending October 8, including nearly a 5% gain for energy drink volume and sales.
  • Coca-Cola's (KO +0.7%) carbonated soft drink sales were up +1.7%, while PepsiCo's (PEP +0.4%) CSDs fell off 0.8%. CSD sales were up 0.4% for Dr Pepper Snapple (DPS-OLD +0.5%).
  • Gainers off the Nielsen numbers include Cott (COT +1.9%), Monster Beverage (MNST +2.6%), Primo Water (PRMW +1.9%) and National Beverage Corp. (FIZZ +1.2%).
  • Source: Bloomberg

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