• Thu, Mar. 9, 1:49 PM
    • Dr Pepper Snapple (DPS +0.4%) aims for Bai Brands to be the leader in the healthy beverage segment, according to CMO Michael Simon.
    • Simon says the potential to build out Bai is still in its infancy.
    • Bai Brands, which the company picked up for $1.7B, is expected to the 9th "priority" brand at Dr Pepper.
    • Simon presented yesterday at the UBS Global Consumer & Retail Conference 2017 (webcast).
    Thu, Mar. 9, 1:49 PM | 4 Comments
  • Tue, Mar. 7, 2:46 AM
    • Philadelphia's new soda tax has high stakes for the beverage industry, with PepsiCo (NYSE:PEP) recording a 40% drop in sales and Coca-Cola (NYSE:KO) seeing volumes slump 30%-50%.
    • A much bigger market, Chicago's Cook County, has passed a similar tax that goes into effect July.
    • Boulder, San Francisco and others also voted to on similar measures, while Santa Fe has a hearing on the issue this week.
    • Related stocks: DPS, MNST, FIZZ, SBUX, UL, PG
    Tue, Mar. 7, 2:46 AM | 83 Comments
  • Fri, Mar. 3, 8:11 AM
    • Jefferies upgrades Dr Pepper Snapple (NYSE:DPS) to a Buy rating from Hold on its view that the acquisition of the Bai brand gives the company stronger growth potential.
    • Analyst Kevin Grundy expects Bai to add two to three percentage points to core sales in the next few years.
    • The price target on DPS from Jefferies moves to $115 from $98 to rep 22% upside potential from yesterday's close.
    • DPS +4.30% premarket to $98.69.
    Fri, Mar. 3, 8:11 AM | 1 Comment
  • Tue, Feb. 14, 8:13 AM
    • Dr Pepper Snapple (NYSE:DPS) rode an increase in both volume and pricing to a 2% gain in revenue in Q4. F/X was a one percentage point drag on the top line number.
    • Sales volume by segment: Beverage concentrates +1%, packaged beverages flat, Latin American beverages +5%.
    • The company paid an effective tax rate of 35.4% in Q4 vs. 36.4% a year ago.
    • Looking ahead, Dr Pepper sees organic volume growth of 1% for 2017 and sales growth of 4.5%.
    • DPS +0.04% premarket to $93.53.
    Tue, Feb. 14, 8:13 AM
  • Tue, Feb. 14, 8:01 AM
    • Dr Pepper Snapple (NYSE:DPS): Q4 EPS of $1.04 misses by $0.02.
    • Revenue of $1.58B (+1.9% Y/Y) beats by $10M.
    • Press Release
    Tue, Feb. 14, 8:01 AM
  • Mon, Feb. 13, 5:30 PM
    Mon, Feb. 13, 5:30 PM | 1 Comment
  • Thu, Feb. 9, 4:51 PM
    • Dr Pepper Snapple (NYSE:DPS) declares $0.58/share quarterly dividend, 9.4% increase from prior dividend of $0.53.
    • Forward yield 2.49%
    • Payable April 5; for shareholders of record March 14; ex-div March 10.
    Thu, Feb. 9, 4:51 PM | 9 Comments
  • Wed, Feb. 8, 7:42 AM
    • Credit Suisse picks up coverage on Dr. Pepper Snapple Group (NYSE:DPS) again with an Outperform rating.
    • Wall Street firms are chiefly on the sidelines with Dr Pepper as 18 out of 23 firms covering the stock sit with a Hold/Neutral rating (source; Bloomberg).
    • Shares of Dr Pepper are up 0.43% premarket to $92.98 and sit at their highest level of 2017.
    Wed, Feb. 8, 7:42 AM | 2 Comments
  • Fri, Feb. 3, 4:17 AM
    • Super Bowl 51 will bring the country to a standstill Sunday night, but lots of money will have already moved around.
    • This year the cost of a 30-second spot exceeds $5M, more than double what it was 10 years ago, while viewers are expected to spend an average of $75 on food, décor and team apparel, according to the National Retail Federation.
    • The Super Bowl is also traditionally the most bet-upon sporting event of the year.
    • Related tickers: NKE, UAA, DKS, BBY, BUD, DEO, KO, PEP, DPS
    Fri, Feb. 3, 4:17 AM | 15 Comments
  • 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 | 23 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
  • Nov. 28, 2016, 2:17 PM
    • Shares of Dr Pepper Snapple (DPS +0.9%) continue to track higher and are npw at the same level where they traded before the company's Q3 earnings were released.
    • Analysts think Dr Pepper's acquisition of Bai Brands last week could help reset some valuation expectations due to the high-growth potential of the business.
    • “The world is waiting for an iconic, new-age beverage that has the same power and relevance that Coke and Pepsi did 50 years ago,” Bai CMO Michael Simon told Brandchannel.com last year.
    • 1010data's Tim Wilson reports that Bai is getting $0.45 for every dollar being spent online for sweetened beverages.
    • Previously: Dr Pepper Snapple acquires Bai Brands (Nov. 22)
    • Previously: Dr Pepper Snapple expects to double Bai Brands sales (Nov. 22)
    Nov. 28, 2016, 2:17 PM
  • Nov. 22, 2016, 9:36 AM
    • Dr Pepper Snapple (DPS +0.7%) held a conference call to discuss its pickup of Bai Brands.
    • Execs said the company's overall corporate strategy is unaltered and there is no change to dividend or buyback policies. They also highlighted that Bai gives Dr Pepper a solid vehicle to test drive online selling channels.
    • Bai is expected to churn up $79M in operating income next year. Over the longer haul, Dr Pepper expects Bai sales to double in the next few years.
    • Previously: Dr Pepper Snapple acquires Bai Brands (Nov. 22)
    • Dr Pepper Snapple conference call
    Nov. 22, 2016, 9:36 AM
  • Nov. 22, 2016, 7:16 AM
    • Dr Pepper Snapple Group (NYSE:DPS) announces that acquired Bai Brands, LLC for $1.7B.
    • The cash purchase price includes a tax benefit of approximately $400M on a net present value basis and will be financed through new unsecured notes and short term commercial paper.
    • The company says Bai provides a strong platform to incubate and grow better-for-you beverages throughout the non-carbonated and carbonated beverage sectors.
    • The deal is  expected to generate approximately $425M  in net sales in 2017 and add an incremental $132M to current net sales expectation for 2017. The transaction is expected to be approximately $0.03 dilutive to reported EPS in 2017 and accretive to reported EPS in 2018.
    • "Bai has contributed greatly to our allied brand lineup since we began distributing it broadly in 2013. Adding it to the broad range of choices and options in our company-owned portfolio is a natural next step," says a top DPS exec..
    • Source: Press Release
    Nov. 22, 2016, 7:16 AM | 3 Comments
  • Nov. 21, 2016, 2:24 PM
    • Monster Beverage (NASDAQ:MNST) is up 4.51% on a huge volume move.
    • Other beverage stocks with a head of steam include National Beverage Corporation (FIZZ +4.2%), Boston Beer (SAM +2.2%), Molson Coors (TAP +1.9%), Dr Pepper Snapple (DPS +1.8%) and Jones Soda (JSDA +2.8%). Leading Brands (LBIX +12.1%) moved higher after a bullish Seeking Alpha article went live.
    • It's not clear why the names are attracting so much attention today from investors (M&A intrigue?), but as a group beverage stocks are the top performer in the consumer goods sector.
    Nov. 21, 2016, 2:24 PM
  • Nov. 16, 2016, 4:43 PM
    • Dr Pepper Snapple (NYSE:DPS) declares $0.53/share quarterly dividend, in line with previous.
    • Forward yield 2.56%
    • Payable Jan. 5; for shareholders of record Dec. 13; ex-div Dec. 9.
    Nov. 16, 2016, 4:43 PM | 1 Comment