CENTER STORE

DPS reports Q3 results

BY Allison Cerra

HOUSTON — Earnings for the Dr Pepper Snapple Group rose to $154 million, or 71 cents per share, for third quarter 2011, the company announced Wednesday.

This compared with the year-ago period, where third quarter 2010 earnings totaled $144 million, or 60 cents per share.

Year-to-date net sales increased 5% for the company, while income from operations was $753 million, compared with $757 million in the prior-year period. Net income for DPS totaled $440 million, compared with $416 million in the prior-year period.

"As we continue to operate in challenging times, I remain pleased with the performance of our portfolio," DPS president and CEO Larry Young said. "Our teams are committed to executing our focused strategy with the goal of providing value to our customers while managing price, mix and productivity to offset higher input costs. The national launch of Dr Pepper TEN is bringing excitement and energy to the Dr Pepper trademark, and we are continuing to build per capita consumption with new fountain availabilities and cold drink placements. Our rapid continuous improvement efforts are gaining traction across the organization, and we’re beginning to experience meaningful results."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

CENTER STORE

Angry Birds gets edible

BY Allison Cerra

NEW YORK — Healthy Food Brands has introduced a new line of fruit snacks and gummies based on a popular Internet game.

New Angry Birds fruit snacks and gummies feature a variety of characters from the gaming application from Rovio Entertainment. Made with fruit juice, both product lines are fat-, nut- and gluten-free, and are available in cherry, lemon, raspberry, apple, grape and strawberry flavors.

Angry Birds fruit snacks are packaged in 2.25-oz. and 5-oz. peg bags with suggested retail prices of 89 cents and $1.59, respectively. The fruit snacks also are available as 10 packs with individual 0.9-oz. pouches.

Angry Bird gummies are available in 3.5-oz. theater boxes with a suggested retail price range of $1.29 to $1.69 and 5-oz. peg bags for a suggested retail price range of $1.49 to $1.69. Each pack features four collectible looks showcasing the red, yellow and blue birds, in addition to arch enemy green pig.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

CENTER STORE

P&G brings back ‘Have You Tried This Yet?’ campaign to highlight select brands

BY Antoinette Alexander

CINCINNATI — Procter & Gamble once again is highlighting the benefits of many of its brands via the “Have You Tried This Yet?” program, a campaign that now is in its second year and is designed to highlight products for self, family and home.

This year, the campaign has partnered with Kari Byron, host of the television shows “Mythbusters” and “Head Rush.” Byron will act as the program spokeswoman and will create a series of “Have Your Tried This Yet?” brand demonstration videos for such products as Bounty ExtraSoft, Always Infiniti and Clairol Nice ‘n Easy Color Blend Foam.

In addition, P&G will reach consumers nationwide through a variety of touch-points, including print advertising, direct response TV and iMedia. Also, P&G BrandSaver, a complimentary coupon booklet, will feature more than $102 in savings, including values on the campaign’s feature products. The BrandSaver can be found in local newspapers throughout the country on Oct. 30.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES