• Sat, Jan. 21, 11:19 AM
    • Convenience stores expect sales of soft drinks, bottled water, sports and energy drinks to increase 5.2%, according to an industry study published by Convenience Store News.
    • Sales of carbonated soft drinks are forecast to rise 0.9% in dollars and show a 1.3% gain in volume.
    • Price increases are seen helping to lift beer sales. A 1.4% increase in dollar sales is expected off of flat volume this year.
    • Related stocks: KO, PEP, DPS, BUD, SAM, TAP, MNST.,
    Sat, Jan. 21, 11:19 AM | 18 Comments
  • Mon, Jan. 9, 7:08 AM
    • Barclays dives into the beverage sector with new ratings actions.
    • Coca-Cola (NYSE:KO), Dr. Pepper Snapple (NYSE:DPS) and PepsiCo (NYSE:PEP) are all assigned Equal-Weight ratings in front of their Q4 earnings reports.
    • All three multinationals trail the S&P 500 Index after the first week of 2017 trading.
    Mon, Jan. 9, 7:08 AM | 5 Comments
  • Wed, Jan. 4, 8:22 AM
    • Saudi Arabia plans to impose a tax on soda, tobacco and energy drinks in April, according to an update from the finance ministry.
    • The tax is seen as a money grab by the government amid its high dependence on oil-derived revenue.
    • Saudi Arabai has the 9th highest level of soda drink consumption in the world, according to a recent ranking.
    • Related stocks: PM, KO, PEP.
    Wed, Jan. 4, 8:22 AM | 16 Comments
  • Dec. 14, 2016, 9:55 AM
    • Donald Trump's Strategic and Policy Forum adds Uber (Private:UBER) CEO Travis Kalanick, Tesla Motors (NASDAQ:TSLA) CEO Elon Musk and PepsiCo (NYSE:PEP) CEO Indra Nooyi to its list of well-known business leaders.
    • Other members include Mary Barra, Jamies Dimon, Doug McMillon and Bob Iger.
    • Previously: All-star list of business leaders named to Trump advisory forum (Dec. 2)
    Dec. 14, 2016, 9:55 AM | 66 Comments
  • Dec. 13, 2016, 9:05 AM
    • Deutsche Bank warns that the party is over for consumer staples stocks.
    • The investment firm smacked Dow 30 stocks Procter & Gamble and Coca-Cola with downgrades to Hold on broad macro factors (F/X,USD, stronger economy = flight out of safety) that could apply to a host of multinational consumer staples sellers (KMB, MDLZ, PEP, PM CL, CLX).
    • Consumer staples ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC, CNSF, JHMS
    Dec. 13, 2016, 9:05 AM | 16 Comments
  • Dec. 12, 2016, 10:27 AM
    • PepsiCo (PEP +0.9%) continues to walk the tightrope between hitting its revenue and profit guidance while also rolling out healthy options for consumers.
    • The company is slowly introducing new sweeteners and reducing sodium levels on many products -- even as it keeps savory snack powerhouse brands such as Lay's, Doritos, Cheetos and Ruffles in their current form to meet the demand for indulgent snacks.
    • Consumer testing by PepsiCo indicates decisively that taste still matters which is also backed up by the +5% growth rates generated by Lay's, Doritos and Cheetos over the last five years.
    Dec. 12, 2016, 10:27 AM
  • Dec. 9, 2016, 10:56 AM
    • Coca-Cola-related names are trading higher after the company announces that Muhtar Kent is stepping down next April to be replaced by COO James Quincey
    • There's a general sense that Quincey may be more open minded to M&A moves.
    • Gainers within the KO extended family include Coca-Cola European Partners (CCE +2.4%), Monster Beverage (MNST +2.1%) and Coca-Cola Bottling Co. (COKE +1.6%).
    • Beverage M&A targets Primo Water (PRMW +1.9%) and National Beverage Corp. (FIZZ +1.2%) are also showing a little pop.
    • Interrestingly, PepsiCo (PEP +1.4%) is also ahead of broad market averages.
    • Previously: Coca-Cola CEO to step down (Dec. 9)
    • Previously: Coca-Cola higher after appointing new CEO (Dec. 9)
    Dec. 9, 2016, 10:56 AM | 10 Comments
  • Nov. 22, 2016, 7:33 AM
    • PepsiCo (NYSE:PEP) has agreed to acquire KeVita, according to Fortune.
    • The deal for the probiotic drinks maker is estimated to be at around $200M.
    • PepsiCo took a minority stake in KeVita back in 2013.
    Nov. 22, 2016, 7:33 AM | 9 Comments
  • Nov. 17, 2016, 4:55 PM
    Nov. 17, 2016, 4:55 PM | 13 Comments
  • Nov. 9, 2016, 11:58 AM
    • Susquehanna analyst Pablo Zuanic warns that Coca-Cola (KO -1.8%), PepsiCo (PEP -1.9%) and Anheuser-Busch InBev (BUD -2.3%) have some peso risk now embedded due to the sharp drop in the currency. Details from his note to investors are posted below.
    • BUD: "In 2015 Mexico accounted for 12% of BUD EBITDA, but now including SAB it will account for 8-9%."
    • KO: "LatAm accounted for 19% of KO EBIT in FY15, and we estimate that Mexico accounts for 10-12% of earnings (11% of CSDs and NARTDs, as per Euromonitor)."
    • PEP: "At PEP Mexico is 6% of CSDS (end unit cases), but 12% of NARTDs (water, others), according to Euromonitor, and it accounts for 8% of Frito. So roughly, we’d say Mexico is 8-9% of PEP’s global earnings."
    Nov. 9, 2016, 11:58 AM | 2 Comments
  • Nov. 9, 2016, 5:56 AM
    • Three Bay Area cities have voted to levy a tax on sodas and other sugary drinks in an effort to curb obesity and diabetes.
    • The measure passed by wide margins in San Francisco, Oakland and Albany (a separate vote in Boulder, Colorado is on track to pass as well).
    • In 2014, Berkeley became the first city in the country to levy a soda tax and Philadelphia became the second in June.
    • Related stocks: KO, PEP, DPS, MNST, FIZZ, SBUX, UL, PG
    Nov. 9, 2016, 5:56 AM | 53 Comments
  • Oct. 28, 2016, 10:33 AM
    • Researchers from Harvard University estimate that soda consumption could fall as much 20% in select California cities if a soda tax is passed on November 8. The same study predicted a 4% drop in diabetes cases as a result of soda taxation.
    • California voters in San Francisco, Albany and Oakland are voting on the tax, as well as voters in Boulder, Colorado. The issue is also going in front of the Cook County Commission (Chicagoland) soon for a decision over what's openly being called a political money grab.
    • The beverage industry had a very strong record of turning back soda tax initiatives, but saw a setback when the Philadelphia City Council approved a $0.015-per-ounce soda tax last June.
    • Related stocks: KO, PEP, DPS, MNST, FIZZ, COT.
    Oct. 28, 2016, 10:33 AM | 23 Comments
  • Oct. 18, 2016, 12:31 PM
    • 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 +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
    Oct. 18, 2016, 12:31 PM | 1 Comment
  • Oct. 17, 2016, 6:04 AM
    • PepsiCo (NYSE:PEP) plans to announce today that it will reduce the calorie count in its drinks to below 100 in at least two thirds of its beverage lineup by 2025.
    • Currently, 40% of PepsiCo drinks are below the 100-calorie level.
    • The company also aims to reduce greenhouse gas emissions across its value chain by 20% before 2030.
    Oct. 17, 2016, 6:04 AM | 5 Comments
  • Oct. 14, 2016, 3:36 AM
    • PepsiCo (NYSE:PEP) is nearing a deal to acquire sparkling probiotic U.S. drinks company KeVita, in the latest push by the carbonated beverage giant to diversify its soft drinks business.
    • The acquisition could be finalized as early as this month, according to Reuters, and will likely value the privately held company at less than $500M.
    Oct. 14, 2016, 3:36 AM | 6 Comments
  • Oct. 5, 2016, 3:50 AM
    • PepsiCo (NYSE:PEP) has been sued by the Center for Science in the Public Interest for misleading consumers by marketing its Naked Juice beverages as healthier than they really are.
    • Its Pomegranate Blueberry juice, for example, advertises that it is a no-sugar-added beverage, but even a single 15.2-ounce container (the smallest option) contains 61 grams of sugar, about 50% more sugar than a 12-ounce can of Pepsi.
    Oct. 5, 2016, 3:50 AM | 28 Comments