Latest Insights - Articles - Page 26

KO, KDP Earnings Highlights

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 ...

Energy Drinks at Retail, 9-Months 2021

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 ...

Industry Reaches Halfway Mark to 20% Calorie Reduction Target

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 ...

CSDs at Retail, 9-Months 2021

PepsiCo, Keurig Dr Pepper Gain Share

November 2, 2021

PepsiCo and Keurig Dr Pepper gained retail dollar and volume share of the US carbonated soft drink (CSD) category during the first...

Coca-Cola Pays $5.6 Billion for Full Control of BodyArmor

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 ...

Reyes Holdings to Combine West Coast and Midwest Coke Bottling Operations

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 ...

Stock Watch: Coke Consolidated, Fizz, Kroger Jump in First-Nine Months of 2021

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...

Sparkling Water at Retail: Category Grows Through First-Half 2021

AHA Gains Share. Bubly Slips. Polar Pricing Strong.

October 12, 2021

The US sparkling water category grew almost +10% by value during the first half of this year on both volume (+4.7%) and pricing (+4.8%) gains. The performance was helped by category leader...

Innovation First Look: NACS Show

Hemp Rockstar, Plant-Based Starbucks Energy, Snapple Elements Reboot

October 12, 2021

This year’s NACS trade show in Chicago offered an early glimpse at innovation being sold into US convenience channel retailers for 2022. This story includes a BD slideshow of products featured at the show by Coca-Cola, PepsiCo, Keurig Dr Pepper, and Monster. Below are select highlights based on details provided by the companies and NACS....