Fri, Apr. 1, 11:32 AM
- Major food and beverage stocks Kellogg (K +0.5%), General Mills (GIS +1.8%), PepsiCo (PEP +0.6%), and Coca-Cola (KO +0.5%) all trade at or just off their all-time highs.
- Post Holdings (POST +1%) and Dr. Pepper Snapple (DPS +1.2%) are also within striking distance of their share price high marks after strong runs over the last year.
- The group of majors has outperformed some of the organic story stocks in the F&B sector as they have innovated into healthier products on their own. Many of the big names also offer generous dividend payouts.
- Now read Business Models, Great And Poor
Thu, Feb. 25, 7:45 PM
- Monster Beverage (NASDAQ:MNST) fell 7% AH after reporting distributor issues led to weaker results than anticipated.
- "Distributor transitions and uncertainties in portions of our international non-Coca-Cola distribution network limited further revenue growth during the quarter," said CEO Rodney Sacks.
- The company was also stung by the high level of customer orders pulled forward into Q3 to jump ahead of a price hike.
- The missed sales led to Monster's operating expenses jumping 420 bps to 27.1% of sales.
- Shares of Monster may have dropped even further if not for the new $1.75B share repurchase plan that was unveiled. Results at Monster aren't enough to seriously move the needle at Coca-Cola (NYSE:KO), although some of company's global energy drinks strategy is focused on the brand.
- Previously: Monster Beverage misses by $0.14, misses on revenue (Feb. 25)
Tue, Feb. 9, 7:58 AM
- Coca-Cola (NYSE:KO) rode cost-cutting to a Q4 EPS beat.
- Global volume during the quarter was up 3%, led by a 6% volume increase in still beverages. Both sparkling and still beverages showed positive volume growth in the U.S.
- Price/mix improved by 2% during the quarter.
- The company sets 2016 EPS currency-neutral guidance to a range of 4% to 6% growth over last year's mark.
- Previously: Coca-Cola picks up pace of North American refranchising (Feb. 09 2016)
- Previously: Coca-Cola beats by $0.01, beats on revenue (Feb. 09 2016)
- KO -0.68% premarket to $42.36.
Fri, Jan. 29, 12:39 PM
- Monster Beverage (MNST -3.3%) is lower on the day after starting out in positive territory.
- A new short take from Citron Research may be holding some sway with investors.
- The firm notes that on a valuation (EV/TTM rev) basis that shares of MNST looks more expensive than FANG stocks and carry triple the multiple of beverage peers.
- Citroen's price target on Monster is $80.
- Coca-Cola (NYSE:KO) has a strategic partnership with Monster and hold a stake of almost 17%.
- Citron Research research note on MNST (.pdf)
Mon, Jan. 25, 12:00 PM
- Tobacco stocks and soft drinks names are mild outperformers on the day.
- Despite soft consumer spending trends, some retail analysts think 2016 sales for beer, cigarettes, and soft drinks will pick up in the U.S. as gas prices remain at low levels.
- Gainers today on a down market day include Dr. Pepper Snapple (DPS +1%), PepsiCo (PEP +0.7%), Coca-Cola (KO +0.7%), Coca-Cola Bottling Company (COKE +2.6%), Coca-Cola Enterprises (CCE +1.1%), Reynolds American (RAI +1.7%), Altrai (MO +1%), Philip Morris (PM +0.5%), and Anheuser-Busch InBev (BUD +0.7%).
- Speculation that anti-soda and cigarette advocate Michael Bloomberg might run for president doesn't appear to be creating even a ripple of worry.
- Previously: Michael Bloomberg is seriously considering running for president (Jan. 23 2016)
Dec. 7, 2015, 8:11 AM
- Keurig Green Mountain (NASDAQ:GMCR) announces it will be acquired by privately-owned JAB Holding Company for $92 per share in a deal valued at $13.9B. JAB Holding is an experienced collector of large consumer product brands.
- GMCR stakeholder Coca-Cola (NYSE:KO) says it backs the buyout and indicates it will work with JAB to stay on as a major Keurig single-serve partner.
- The deal is expected to close in the first quarter of 2016.
- GMCR closed at $51.70 on Friday. Shares are currently on a trading halt, but will soon skyrocket.
Oct. 20, 2015, 10:13 AM
- Monster Beverage (NASDAQ:MNST) is up 6.23% to $140.97 after Evercore ISI reports the company is testing its products in some McDonald's stores.
- A deep penetration into QSR stores is seen as a billion-dollar opportunity.
- Monster Beverage has a strategic partnership with Coca-Cola (KO +0.6%) which may be helping to pave the way into new markets. Coca-Cola owns almost 17% of Monster.
Aug. 6, 2015, 8:00 AM
- Confidence in Keurig Green Mountain (NASDAQ:GMCR) erodes after the company lowered guidance and announced it would reduce its workforce by 5%.
- The job reduction is the largest in the company's history.
- Execs with Keurig Green Mountain acknowledged competitive pressure in the marketplace without going into specifics during the firm's earnings call.
- The sharp drop in GMCR share price is relevant to Coca-Cola (NYSE:KO) which has a 16% stake in the company.
- Earnings call transcript
- Previously: Keurig Green Mountain beats by $0.01, misses on revenue (Aug. 05 2015)
- Previously: Sales fall at Keurig Green Mountain, new $1B buyback unveiled (Aug. 05 2015)
- GMCR -30.19% premarket to $52.34.
Jul. 30, 2015, 5:19 PM
- Coca-Cola Enterprises (NYSE:CCE) +8.3% AH following a WSJ report that it is advanced talks about a merger with two European bottlers of Coca-Cola (NYSE:KO) products, a move that would further a push by the U.S. company to consolidate its bottlers around the world and cut costs.
- Terms of the potential deal are not known, but it is likely to be valued well into the billions of dollars.
Jul. 22, 2015, 8:00 AM
- Coca-Cola (NYSE:KO) reports organic revenue rose 4% in Q2.
- Foreign currency translation cut into sales by seven percentage points. Price/mix added back in a point.
- Total unit case volume was up 2%, led by a 5% gain in still beverages volume.
- Sparkling volume was up 1% with demand for Coca-Cola (+1%), Coca-Cola Zero (+6%), and Sprite (+3%) helping offset a 7% slide in Diet Coke.
- Organic revenue was up across regions, led by Latin America with 11% growth and 5% in North America. F/X swings cut deeply into the reported revenue tallies.
- Expanded distribution of Monster Beverage in the U.S. was a positive factor.
- Guidance: Coca-Cola says full-year currency neutral forecasts are unchanged.
- Previously: Coca-Cola beats by $0.03, beats on revenue
- KO +0.44% premarket to $41.40.
Jun. 25, 2015, 10:48 AM| Jun. 25, 2015, 10:48 AM | 4 Comments
May 15, 2015, 10:54 AM
- Keurig Green Mountain (GMCR -7.6%) trades weak with the company's scheduled full launch of Keurig Kold pushed back to the 2016 holiday season.
- The product will be sold online and in certain retail outlets as early as this fall.
- Pricing on Keurig Kold was set at $299 to $369 - a mark higher than most analysts expected and well over the $79.99-$199.99 range of SodaStream machines.
- During a webcast yesterday, CEO Brian Kelley said 2016 would be a "significant" investment year for the company.
- He also highlighted the 50 patents Keurig already has lined up on the beverage system and 100 more in the application process.
- Coca-Cola (KO +0.2%) is a key distribution partner and investor in the Keurig Kold system.
- GMCR presentation slides (.pdf)
- Previously: Keurig -4.6% after Keurig Kold presentation (May. 14 2015)
Apr. 22, 2015, 7:45 AM
- Coca-Cola (NYSE:KO) reports organic revenue rose 8% in Q1.
- Pricing and mix contributed three percentage points to growth during the quarter.
- Total volume was up 1%, led by a 5% gain in concentrate volume.
- F/X swings knocked off 8 points from operating income.
- Coca-Cola had flat volume in North America during the quarter, but picked up market share in the sparkling beverages, still beverages, juice drinks, and packaged water categories.
- Soda brand growth was led by Coke Zero (5%) and Sprite (4%), while Diet Coke (-6%) was a laggard
- Guidance: Coca-Cola expects a 6 point revenue headwind from F/X swings in 2015. EPS is seen rising on a currency neutral basis at a mid single-digit rate. Buybacks of $2B to $3B forecast.
- KO +2.33% premarket to $41.73.
Apr. 22, 2015, 7:33 AM
- Coca-Cola (NYSE:KO): Q1 EPS of $0.48 beats by $0.06.
- Revenue of $10.7B (+1.1% Y/Y) beats by $40M.
- Shares +1.52% PM.
Mar. 26, 2015, 10:49 AM
- Stifel Nicolaus sees a bright future for the North American soft drink industry.
- The investment firm calls a comprehensive beverage agreement between Coca-Cola (KO -0.3%) and refranchisees a positive development that can lift price/mix realization across the sector.
- Market caps on beverage names don't reflect the implied pricing benefit, reasons Stifel.
- Cott (COT +2.6%) and Dr. Pepper Snapple (DPS +2.5%) are the two beverage companies most closely tied to Coke's pricing action.
- Previously: Dr. Pepper Snapple catches Stifel upgrade
Mar. 24, 2015, 11:02 AM
- Beverage stocks break higher as some industry sales tracking is reported to be positive.
- The C-store channel has been vibrant for the sector recently.
- Strong gainers include Keurig Green Mountain (NASDAQ:GMCR) up 2.5% and Monster Beverage (NASDAQ:MNST) with a 2.3% increase.
- Small player Jones Soda (OTCQB:JSDA) is up 7% and Cott (NYSE:COT) continues its stellar 2015 run with a 2.2% rally.
- Even large soda sellers Pepsico (PEP +1.2%), Coca-Cola (KO +0.7%), and Dr. Pepper Snapple (DPS +0.7%) are ahead of broad market averages.
The Coca-Cola Co. is a beverage company, which provides diet and regular sparkling beverages and still beverages. The company's portfolio of brands include Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply and Georgia. It operates through seven segments:... More
Sector: Consumer Goods
Industry: Beverages - Soft Drinks
Country: United States
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