We’ve assembled an exceptional program of speakers for this year’s Future Smarts conference, with more announcements to come. Our mostly 30-minute sessions are designed to be fast-paced, with a chance for attendees to participate with questions. This virtual program is hosted in real time because we like that energy. Read full article.
2023 Could Be Pivotal Year for Industry as Disruption Shakes Out
November 2, 2021
Carbonated soft drink (CSD) pricing at US retail has reached a level this year not seen in at least the past decade as consumer demand has soared, product supply shortages persist, and costs for inputs such as transportation and ...
Away-From-Home Rebound in North America Not a Straight Line, Coke CEO
November 2, 2021
On Oct. 27, Coca-Cola raised full-year 2021 revenue guidance to a range of +13% to +14% after reporting 14% higher third-quarter organic revenue. The sales gain came on volume and pricing that each grew ...
Category Leaders Employ Varying Pricing Strategies to Grow This Year
November 2, 2021
The top-3 US energy drink leaders all posted double-digit growth rates that outpaced the category this year while employing disparate pricing strategies, according to BD data (see table). Red Bull grew ...
Sugarless Sports, Energy Drink Options Helped Accelerate Progress
November 2, 2021
Growth in low- and no-calorie carbonated soft drinks (CSDs), sports drinks, and energy drinks in recent years has accelerated a decline in beverage calories consumed by Americans, according to ...
Repole and BA Executive Team to Guide Business as Separate Entity
November 1, 2021
Coca-Cola has paid $5.6 Billion to take full control of BodyArmor, securing the growing sports drink asset for Coke and its bottlers and setting up a likely expansion of the brand overseas. The deal announced ...
Merged Unit Retains Reyes Coca-Cola Bottling Name. Bill O’Brien to Helm
October 30, 2021
Reyes Holdings will merge Illinois-based Great Lakes Coca-Cola Bottling and California-based Reyes Coca-Cola Bottling into a single operating unit starting Jan. 1, BD has learned from multiple sources. Reyes Coca-Cola CEO Bill O’Brien will helm the combined unit as CEO and the entity will ...
KO Shares Down Amid Reset Year. Pep, KDP Gain, While Tracking Behind Index
October 12, 2021
With few exceptions, beverage stocks tracked by BD underperformed the S&P 500 Index this year through the first three quarters of this year. Coca-Cola’s shares...