Tue, Jan. 6, 2:51 PM
- Beverage sales in convenience stores rose 3.6% Y/Y for a 4-week period ending on December 28, according to data culled by Wells Fargo.
- Sales for Coca-Cola (KO +1.2%) products were up 4.8%, while PepsiCo soda items saw a 2.4% bump.
- On the energy drink front, Monster Beverage (MNST +3.4%) sales were up 12.4% and Red Bull gained 8.3%.
- A drop in gas prices in the U.S. and some successful pricing initiatives in the sector helped stoke the gain, says WF's Bonnie Herzog.
Tue, Jan. 6, 1:57 PM| 2 Comments
Dec. 23, 2014, 7:25 PM
- It’s pretty clear why many energy stocks are hurting amid falling crude oil prices, but Morgan Stanley has researched across industries to determine some less clear-cut winners and losers.
- Airlines consume huge amounts of fuel, but the firm says American Airlines (NASDAQ:AAL) and Allegiant Travel (NASDAQ:ALGT) should benefit more than most from lower oil prices since they do not hedge the price of fuel to reduce price volatility.
- Among autos, Tesla (NASDAQ:TSLA) draws concern because "lower-for-longer oil certainly hurts the case for mass-market adoption of electric vehicles.”
- Since lower gas prices should reduce shipping costs, Stanley sees the benefit trickling into Q1 per-unit shipping costs at Amazon (NASDAQ:AMZN).
- The firm likes Monster Beverage (NASDAQ:MNST) on the idea that Americans getting cheaper gas might be more ready to splurge on energy drinks, and gas stations and convenience stores account for 75% of MNST’s sales.
- Among apparel companies and retailers, Stanley likes brands that are most popular with lower-income consumers, who they believe are most likely to put the money they save into new purchases: PLCE, FL, FINL, BWS, SKUL, ARO, BURL, ROST.
Dec. 16, 2014, 10:46 AM
Dec. 1, 2014, 8:30 AM| Comment!
Nov. 6, 2014, 4:10 PM| Comment!
Nov. 5, 2014, 7:56 AM| 7 Comments
Oct. 15, 2014, 6:42 AM| Comment!
Oct. 3, 2014, 2:55 PM
Sep. 22, 2014, 1:35 PM| Comment!
Sep. 11, 2014, 3:05 PM
- The convenience store channel performed well for soda drink and energy drink sellers in August, according to data from Wells Fargo.
- Packaged beverage sales rose 4% Y/Y during the period, a pace which has extended into Q4 and beats the overall volume growth seen in the U.S. market this year for the beverage industry.
- Related stocks: PepsiCo (NYSE:PEP), Coca-Cola (NYSE:KO), Monster Beverage (NASDAQ:MNST), Dr. Pepper Snapple (NYSE:DPS).
Sep. 8, 2014, 11:05 AM| 1 Comment
Aug. 16, 2014, 8:25 AM
- So why didn't Coca-Cola (NYSE:KO) just go all the way and acquire all of Monster Beverage (NASDAQ:MNST) instead of stopping at an asset swap and a 16.7% stake?
- More than anything, "it's about protecting the [Coke] brand and the image" from a company that urges consumers to "unleash the beast" with drinks such as Assault and Khaos, said a person close to Coke.
- Coke figures it deals with enough controversy from those who blame sugary sodas for obesity and diabetes; it wants to keep at arm's length from the more serious public relations battles facing the energy drinks industry, including an FDA probe over deaths possibly linked to Monster.
- On the financial side, the deal involves a reasonable $2.1B cash up front, while a full acquisition would have required at least $12B based on Thursday's closing stock price - roughly equivalent to the amount of cash Coke had on hand at the end of July.
- Despite the cautious approach, Coke could still own Monster some day; a standstill agreement limits KO to increasing its stake to 25% over four years, but MNST's board can waive it at any time.
Aug. 15, 2014, 12:48 PM
Aug. 15, 2014, 9:13 AM
Aug. 14, 2014, 5:35 PM
MNST vs. ETF Alternatives
Other News & PR