Cott Corp. has raised its revenue outlook for this year. The supplier of store-brand soft drinks said yesterday that sales growth in the US continues to exceed its expectations.

Cott expects full year sales to rise by between 16% and 19% The company had previously forecast sales to increase by between 15% and 18%.

The company believes earnings per share for 2004 to be between C$1.23 and C$1.27, although it expects earnings to be at the low end of its guided range because of increased logistics and co-packing costs.