Coke, Pepsico 2Q Global Volumes Illustrate Pandemic Effect
August 28, 2020
Beverage sales volume in China for Coke and PepsiCo improved during the second quarter as the country reopened following pandemic-related workplace and social shutdowns. During the second quarter, both companies posted...
Pandemic Hard On Beverage Stocks, As Retailers Soar
August 28, 2020
Beverage manufacturers have weathered a turbulent year on the US stock market amid the COVID-19 pandemic. Following share price gains last year for most companies tracked by BD, this year through Aug. 24 has brought declines for Coca-Cola and several of the company’s ...
Coca-Cola just announced sweeping changes to its global organization. The strategy pares the company from 17 business units managed by four geographical groups down to nine operating units, which will...
SodaStream collaborated with the Hadassah Ein Kerem Hospital in Israel to produce an oxygen machine for COVID-19 patients with mild to moderate condition; the device is called StreamO2 …
Sports Drinks, RTD Tea Grow During COVID-19 (Green Sheet)
August 12, 2020
As Nestlé considers jettisoning most of its North American bottled water business (BD 6/23/20), national brand Pure Life and the company’s regional brands posted...
BD spoke with Keurig Dr Pepper Chief Commercial Officer Derek Hopkins about a long-term national agreement to distribute Polar Seltzer sparkling waters in the US, and more...
COKE 2Q RESULTS. On July 21, Coca-Cola reported second-quarter results that were heavily impacted by the COVID-19 global pandemic. Organic revenue declined...
While Congress debates the extension of $600-a-week pandemic related unemployment benefits, an informal survey of US beverage distributors finds little support for continuing the Cares Act payments when they expire this week. In general, distribution executives say they...
Early in the days of the COVID-19 pandemic in the US, Big Geyser COO Jerry Reda considered delaying the April New York City launch of Lemon Perfect, a cold-pressed lemon water founded by a former college basketball coach. “It is extremely difficult to...