Dr Pepper Snapple Group (DPSG) is set to report its full-year results on Thursday (25 February).
Here, just-drinks takes a look at the highs and lows for DPSG in the three months to the end of December.
- Early on in DPSG’s final quarter, in September, the company reaffirmed its full-year sales forecast, saying that it expected to see net sales rise by 2% to 4% for 2009.
- One month later, in October, company CFO John Stewart announced that he will retire at the end of March. Last week, DPSG confirmed that Martin Ellen will replace Stewart from 1 April.
- In December, it was announced that DPSG is set to benefit from a US$900m cash injection when PepsiCo acquires manufacturing and distribution rights for Dr Pepper Snapple drinks previously held by Pepsi Bottling Group and PepsiAmericas. Under the deal, PepsiCo will distribute Dr Pepper, Crush and Schweppes brands in the US; Dr Pepper, Crush, Schweppes, Vernors and Sussex brands in Canada; and Squirt and Canada Dry brands in Mexico.
- During the Super Bowl earlier this month, DPSG ran a television ad for the Dr Pepper brand, marking the first time the company had advertised during the high-profile sports event.
- Finally at the Consumer Analyst Group of New York conference last week, company CEO Larry Young said that the firm has high hopes of sales growth on the west coast of the US, where DPSG is expected to begin operations at its new facility later this month.
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