Coke consolidating

With carbonated soft drinks struggling, Credit Suisse notes the importance of water and energy drinks to Coca-Cola's growth: "In the US, we estimate that total retail non-alcoholic beverages (NAB) business is growing around 3%.The biggest categories such as carbonated soft drinks (CSD) and juice are generally flat to declining, although there are segments within each that are growing (flavored CSD and some refrigerated premium juices).On the other hand, water, energy, and to a lower extend coffee, tea, sports drinks and value-added dairy (VAD) are all growing between mid-single digits and low-double digits." Credit Suisse expects soft drink sales to decline 1-2% in US and remain flat internationally over the next three years.

Separately, Consolidated has signed a letter of intent for a small territory owned by The Coca-Cola Company that is centered on Louisa, Ky., with operations that span into West Virginia.By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. INITIAL_PROPS_HEADER = {"data":,"id":"header","context":{"nav Links Data":[,,,,,,,,,,,],"customer Nav":{"user":null,"ads":,"urls":{"login Url":"https://com/login? Coca-Cola Company's stock price has fallen 7% over the last year as investors have come to realize consumers are becoming increasingly wary of sugary drinks.But Credit Suisse equity analyst Laurent Grandet says Coke is set to "sparkle" again with new CEO James Quincey taking over May 1 and a promising turnaround plan in place.Grandet circulated a note to clients April 19 upgrading the stock to an "Outperform" rating from "Neutral" and raising his price target to from .

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