Sustainable Practices, Locally Sourced Ingredients, Change in Leadership, New Product Categories and Guidance Updates - Research Report on Pepsi, GMCR, Chipotle, MCBC, and MWV
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NEW YORK, June 25, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting PepsiCo, Inc. (NYSE: PEP), Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), Chipotle Mexican Grill, Inc. (NYSE: CMG), Molson Coors Brewing Company (NYSE: TAP), and MeadWestvaco Corp. (NYSE: MWV). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
PepsiCo, Inc. Research Report
On June 19, 2013, PepsiCo, Inc. (Pepsi) announced that senior leadership from its Frito-Lay North America division, together with representatives from the Department of Energy and the State of Wisconsin, unveiled Frito-Lay's inaugural Compressed Natural Gas (CNG) fueling station in Beloit, Wisconsin. The opening is in line with Frito-Lay's large-scale commitment to alternative fuel. Pepsi reported that Frito-Lay will continue to grow its CNG fleet and bring the total number of its CNG tractors to 208 through 2013. It also stated that the new CNG fueling stations will not only provide fuel for Frito-Lay's tractors and help pave the way for more CNG vehicles to be introduced into the Frito-Lay fleet, but it will also make available fuel for other companies currently using or considering alternative fuel vehicles in the future. As per the Company, the seven new fueling stations, along with three other stations that will be in operation in 2013, will begin at a total expected volume of two million gallons and grow to a little over eight million gallons in five years. 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.wsreports.com/r/full_research_report/dc46_PEP]
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Green Mountain Coffee Roasters Inc. Research Report
On June 20, 2013, Green Mountain Coffee Roasters Inc. (GMCR) announced the appointment of three new Directors to its Board: John D. Hayes, Executive Vice President and Chief Marketing Officer of American Express, Susan Saltzbart Kilsby, Senior Advisor to Credit Suisse AG, and Robert A. Steele, former Vice Chairman of Healthcare Strategy for The Proctor & Gamble Company. As per GMCR, Mr. Steele's appointment is effective from June 20, 2013, while Mr. Hayes and Ms. Kilsby's appointments will be effective on July 1, 2013. According to GMCR, these appointments coincide with the retirement of two Board members, namely former President and Chief Executive Officer Lawrence Blanford and GMCR founder, Robert Stiller, who becomes Chairman Emeritus following his retirement from the Board. The Full Research Report on Green Mountain Coffee Roasters Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/cd08_GMCR]
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Chipotle Mexican Grill, Inc. Research Report
On June 18, 2013, Chipotle Mexican Grill, Inc. (Chipotle) announced that it plans to serve more than 15 million pounds of locally grown produce in its restaurants in 2013, up from its goal of 10 million pounds in 2012. According to the Company, it will work with a network of more than 70 local, family owned farms to provide bell peppers, red onions, jalapenos, oregano, and romaine lettuce for its restaurants. Chipotle believes that local produce arrives at its restaurants closer to the time it is harvested and results in better tasting food. Further, the Company said that in addition to serving local produce, it also serves more Responsibly Raised meat (i.e. from animals that are raised in a humane way and never given sub-therapeutic antibiotics or added hormones) than any other restaurant company in the US. Full Research Report on Chipotle Mexican Grill, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/bde7_CMG]
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Molson Coors Brewing Company Research Report
On June 11, 2013, Molson Coors Brewing Company (MCBC) announced that Molson Canadian is expanding its product line with the launch of Molson Canadian Cider. According to the Company, Molson Canadian Cider is made from the highest quality ingredients, including apples that are 100% Canadian grown. David Bigioni, Vice President of Marketing, Molson Coors Canada, said, "This launch demonstrates our focus on innovation to expand the Molson Canadian brand to better meet the evolving tastes of drinkers." MCBC stated that this is the first time the brand has offered a non-beer alternative since 1786.The Full Research Report on Molson Coors Brewing Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/c06c_TAP]
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MeadWestvaco Corp. Research Report
On June 17, 2013, MeadWestvaco Corp. (MWV) announced that it expects Q2 2013 profit in the range of $45 and $50 million for its Food & Beverage segment, compared to a profit of $100 million in Q2 2012. According to the Company, the year-over-year decline in the Food & Beverage segment resulted from unanticipated costs and lower productivity associated with planned major maintenance outage and subsequent startup issues at its Covington, Virginia paperboard mill. Further, it stated that certain operational impacts related to the implementation of new information system at the mill also negatively affected the segment profits. John A. Luke, Jr., Chairman and CEO of MWV, said, "Looking ahead, we continue to expect renewed earnings growth for MWV beginning in the third quarter of 2013 and earnings growth for the full year. Our growth strategies are gaining momentum, and we are seeing solid demand across our targeted markets."The Full Research Report on MeadWestvaco Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/0ce4_MWV]
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SOURCE Wall Street Reports
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