Community Programs, Financial Results and Dividends - Research Report on Coca-Cola, PepsiCo, Monster Beverage, Beam, and Dr Pepper Snapple Group
NEW YORK, August 19, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts Corner announced new research reports highlighting The Coca-Cola Company (NYSE: KO), PepsiCo, Inc. (NYSE: PEP), Monster Beverage Corporation (NASDAQ: MNST), Beam, Inc. (NYSE: BEAM), and Dr Pepper Snapple Group, Inc. (NYSE: DPS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Coca-Cola Company Research Report
On August 12, 2013, The Coca-Cola Company (Coca-Cola) announced that it is supporting a program for active living and education led by The Boys & Girls Club. According to the Company, the Coca-Cola Foundation will support the nutrition, active lifestyles and healthy behaviors programming related activities of The Boys & Girls Club in which approximately 1,300 boys and girls, in the age group of 6 to 18 years, will participate to get active. Lori George Billingsley, Vice President of Community Relations at Coca-Cola North America Group, commented, "The goal is simple--to get people moving and excited about physical activity. By supporting organizations that are tapped in to their local communities, we can inspire people to be healthier in ways that are fun for them." The Full Research Report on The Coca-Cola Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/f5d9_KO]
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PepsiCo, Inc. Research Report
On August 13, 2013, PepsiCo, Inc. (PepsiCo) announced its partnership with Feed The Children, The Salvation Army, and Jewel Osco for the distribution of two tractor-trailers that are filled with food and essentials. According to PepsiCo, the goods will be delivered to 800 children and families in Chicago. Kevin Hagan, President and CEO of Feed The Children, stated, "Many of the families we serve on the Americans Feeding Americans Caravan are making hard choices between paying bills and feeding their families. With support from PepsiCo we are helping to ease the burden for families struggling in this economy." According to PepsiCo, the distribution campaign is part of Feed The Children's Americans Feeding Americans Caravan, which has assisted over 465,000 families across the country since it began in 2009. The Full Research Report on PepsiCo, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/d047_PEP]
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Monster Beverage Corporation Research Report
On August 8, 2013, Monster Beverage Corporation (Monster Beverage) released its Q2 2013 financial results. Net sales were up 6.5% YoY to $630.9 million and gross profit was up 9.5% YoY to $336.3 million. Net income stood at $106.9 million, or $0.62 per diluted share, in Q2 2013, compared to $109.8 million, or $0.59 per diluted share, in Q2 2012. Rodney C. Sacks, Chairman and CEO of Monster Beverage, said, "We are pleased to report another quarter of solid sales growth, in both our domestic and international markets, but note that there were certain exceptional costs that affected profitability during the quarter. Despite the single digit category growth rates we are seeing in our major markets, the Monster Energy brand continues to grow in excess of such category growth. Monster Energy Zero Ultra, launched in the third quarter of 2012, has become one of our best-selling products. Following on this success, we launched Monster Energy Ultra Blue in March 2013." The Full Research Report on Monster Beverage Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/1618_MNST]
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Beam, Inc. Research Report
On August 8, 2013, Beam, Inc. (Beam) released its Q2 2013 financial results. Net sales were up 6.8% YoY to $637.6 million and operating income was up 26.7% YoY to $160.1 million. Net income declined 26.5% YoY to $74.3 million and diluted EPS was down 25.8% YoY to $0.46. Matt Shattock, President and CEO of Beam stated, "We continue to expect to outperform our market and we're reaffirming our target to deliver high-single-digit growth in diluted EPS before charges/gains for 2013. Our target remains the same even though it now incorporates an expectation that foreign exchange will reduce full-year earnings by approximately 5 cents per share, or 2 points of growth." The company further stated that its Board of Directors has approved a standing share repurchase plan to repurchase up to 3 million common shares. The Full Research Report on Beam, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/e5e0_BEAM]
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Dr Pepper Snapple Group, Inc. Research Report
On August 8, 2013, Dr Pepper Snapple Group, Inc. (Dr Pepper Snapple Group) announced that the Board of Directors has approved a quarterly dividend of $0.38 per common share. According to the Company, the dividend is payable on October 4, 2013 to shareholders of record on September 16, 2013. The Full Research Report on Dr Pepper Snapple Group, Inc.- including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/7847_DPS]
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