Sunday, August 02, 2015 11:57:15 PM
Jul 23 2015, 08:04 ET | About: Dr Pepper Snapple Group... (DPS) | By: Niloofer Shaikh, SA News Editor
Dr Pepper Snapple (NYSE:DPS): Q2 EPS of $1.14 beats by $0.04.
Revenue of $1.66B (+1.8% Y/Y) beats by $10M.
Press Release
http://seekingalpha.com/news/2650095-dr-pepper-snapple-beats-by-0_04-beats-on-revenue?uprof=45#email_link
Dr Pepper Snapple Group Reports Second Quarter 2015 Results
Thu July 23, 2015 8:00 AM|PR Newswire | About: DPS
PLANO, Texas, July 23, 2015 /PRNewswire/ -- Dr Pepper Snapple Group, Inc. (DPS) reported second quarter 2015 EPS of $1.14 compared to $1.06 in the prior year period. Core EPS were $1.13, up 7%, compared to $1.06 in the prior year period. Year-to-date, the company reported earnings of $1.95 per diluted share compared to $1.84 per share in the prior year period. Core EPS were $1.94, up 8%, compared to $1.80 in the prior year period.
For the quarter, reported net sales increased 1%, which included favorable product, package and segment mix and a 1% increase in sales volumes, partially offset by 2 percentage points of unfavorable foreign currency translation. Reported segment operating profit (SOP) increased 6%, or $24 million, on net sales growth, ongoing productivity improvements and favorable commodity costs, partially offset by 1 percentage point of unfavorable foreign currency translation.
Reported income from operations for the quarter was $369 million, including $5 million in unrealized commodity mark-to-market gains. Reported income from operations was $348 million in the prior year period. Core income from operations was $365 million, up 5% compared to the prior year period.
Year-to-date, reported net sales increased 3%, and reported income from operations was $639 million, including $4 million of unrealized commodity mark-to-market gains. Foreign currency translation negatively impacted reported net sales by 1% and reported income from operations by 2%. Reported income from operations was $608 million in the prior year period, including $12 million of unrealized commodity mark-to-market gains. Core income from operations was $636 million, up 7% compared to the prior year period.
DPS President and CEO Larry Young said, "We've had a good start to the year, and I'm proud of what our teams have been able to accomplish in this competitive environment. They remained focused on our strategy and continued to deliver against our key priorities. Year-to-date, we grew volume and dollar share in both the CSD and shelf-stable juice categories in Nielsen measured markets and gained or held distribution and availability across our portfolio."
Young continued, "We've brought innovation to the market that addresses consumers' evolving needs, and Rapid Continuous Improvement (RCI) continues to drive growth and productivity across the business. I'm confident that our teams will continue to execute against our plans for the balance of the year."
More...
http://seekingalpha.com/pr/14176295-dr-pepper-snapple-group-reports-second-quarter-2015-results
Recent KDP News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 10:08:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 10:07:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 10:06:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 10:06:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/17/2024 10:08:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:33:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:31:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2024 08:34:12 PM
- Keurig Dr Pepper Increases its Dividend by 7.0% and Declares Quarterly Dividend for Q3 2024 • PR Newswire (US) • 09/12/2024 08:15:00 PM
- Keurig Dr Pepper Announces Multi-Year Sponsorship of the Men's and Women's Mexican National Teams in the U.S. • PR Newswire (US) • 08/29/2024 01:00:00 PM
- Keurig Dr Pepper to Participate in Barclays Global Consumer Staples Conference • PR Newswire (US) • 08/21/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 10:11:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/25/2024 01:23:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 11:04:36 AM
- Keurig Dr Pepper Reports Q2 2024 Results and Reaffirms Fiscal 2024 Guidance • PR Newswire (US) • 07/25/2024 11:00:00 AM
- U.S. Index Futures Mixed After Tech Sell-Off, Oil Prices Drop on Weak China Demand and Ceasefire Expectations • IH Market News • 07/25/2024 10:21:35 AM
- Keurig Dr Pepper to Report Second Quarter 2024 Results and Host Conference Call • PR Newswire (US) • 06/27/2024 08:15:00 PM
- Keurig Dr Pepper Highlights Meaningful Progress Towards Ambitious Commitments in Latest Corporate Responsibility Report • PR Newswire (Canada) • 06/20/2024 01:00:00 PM
- Keurig Dr Pepper Highlights Meaningful Progress Towards Ambitious Commitments in Latest Corporate Responsibility Report • PR Newswire (US) • 06/20/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 10:32:05 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 08:16:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:06:19 PM
- The Original Donut Shop® and Kelsea Ballerini Announce Co-Branded Ballerini Blend • PR Newswire (US) • 06/07/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/31/2024 09:13:47 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 09:08:07 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM