News

Q4 sales lift pulls Jones Soda 2015 back in line

Most popular

How COVID has changed consumers' shopping habits

COVID is opening up aged spirits to a new world

How COVID has driven at-home indulgence - trends

Pernod Ricard Performance Trends 2016-2020 - data

PepsiCo's Driftwell launch a seachange for drinks

MORE
  • Full-year net losses narrow to US$1.1m from $1.5m in 2014
  • Sales in calendar-2015 come in flat, up 0.3% to $13.6m
  • Operating losses reduced to $756,000 from $1.8m
  • Q4 net losses grow to $545,000 from $339,000 in Q4 '14
  • Sales in last three months of 2015 rise by 11% to $2.7m
  • Operating losses come in at $438,000 versus $669,000

A strong top-line performance in the final quarter has brought full-year sales to parity for Jones Soda, with net losses also narrowing in the year.

Jones Soda has high hopes for its Lemoncocco brand in 2016

Jones Soda has high hopes for its Lemoncocco brand in 2016

The US soft drinks company, which operates across North America, said yesterday that its sales in the last three months of last year were up by 11%. Despite a 2% dip in sales in the first nine months of 2015, Jones' full-year top-line came in level with 2014, at US$13.6m.

Although net losses increased in the fourth quarter, due to a one-off office rent adjustment in the corresponding period in 2014, the company managed to reduce its net losses slightly in the year.

"We are pleased with the increased revenue for the fourth quarter and fiscal year," said CEO Jennifer Cue. "Despite the weakness in the Canadian dollar, we were still able to show double-digit revenue growth in our core business fuelled by increases in case volume.

"Looking forward in 2016," Cue added, "we anticipate strong revenue momentum from our new private-label partnership with 7-Eleven, Inc. and the launch of our new brand, Lemoncocco (launched late last year)."

To read Jones Soda's official results statement, click here.


Sectors: Company results

Related Content

Jones Soda CEO Jennifer Cue stands down

Jones Soda CEO Jennifer Cue stands down...

Campari Group Performance Trends 2015-2019 - results data

Campari Group Performance Trends 2015-2019 - results data...

Moet Hennessy sales decelerate in Q4 as 2019 finishes up - results data

Moet Hennessy sales decelerate in Q4 as 2019 finishes up - results data...

How did Keurig Dr Pepper perform in Q3 2019? - results

How did Keurig Dr Pepper perform in Q3 2019? - results...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?