They were also higher compared to the year-ago quarter’s 54 cents a share, Sales of $10 billion also beat estimates of $9.9 billion (based on FactSet poll). The company mentioned a +4% volume and transaction growth in Coke’s namesake brand.Its Zero Sugar line once again experienced double-digit volume growth worldwide. In recent years, Coke has expanded its footprints well beyond its iconic brown carbonated drinks.

PepsiCo earnings for the second quarter surpassed analysts’ expectations, on the back of strong sales in snacks and sparkling water. The beverage and snack company reported adjusted earnings of $1.54 per share for the quarter, compared to  $1.50 expected by Wall Street analysts. Pepsi’s revenue of $16.449 billion also edged past analysts’ estimates of $16.426 billion. Its Frito-Lay North America segment was the strongest performer in sales, reporting +5% organic revenue growth.Frito-Lay revenues along with the company's other snacks businesses comprise more than half of the group's total revenue. Pepsi’s North American beverage business organic revenue grew by +2.2%.

Following a rating upgrade by Morgan Stanley, Coca-Cola stock price jumped more than +2% in pre-market trading Tuesday. Morgan Stanley analysts raised rating on the soft drink giant’s shares to overweight from equal weight.Analyst Dara Mohsenian also hiked her 12-month price target on the stock to $55 from $52, which reflects a 14.5% upside. Mohsenian emphasized that growth outlook on Coca-Cola is higher than its consumer packaged goods peers, while also praising the company’s pricing power, “strategy tweaks”, strong volume growth, and rebounding emerging market trends as tailwinds for the stock.

Now the company is ready to release Coca-Cola Coffee in more than 25 markets around the world by the end of 2019. The drink, with slightly less caffeine content than in a normal cup of coffee but more caffeine than in a can of soda, claims it can boost the mid-afternoon energy slump among busy office workers. The move comes as customer beverage preferences have shifted from more sugary options to less sugary options like bottled water or Coca-Cola Zero Sugar.Chilled coffee is another ever expanding segment growing at least 10% annually in the U.S. from 2013 to 2107. For several years, Coca-Cola has been trying to succeed in the coffee business.

Coca-Cola Co beat estimates for quarterly sales and profit, as it sold more water and soft drinks, including its soda and Coke Zero. Revenue rose 5% to $8.02 billion, and the company earned 48 cents per share on an adjusted basis. Analysts had forecast earnings of 46 cents per share on revenue of $7.88 billion, according to Refinitiv IBES.  Net income attributable to the company rose to $1.68 billion, or 39 cents per share, in the first quarter ended March 29 from $1.37 billion, or 32 cents per share, a year earlier.

The soft drink & snacks major also clocked in the sharpest organic sales growth in more than three years. Pepsi’s earnings for the three months ending in March came in at $1 per share, beating analysts’ expectations of 93 cents per share.  Organic sales growth (a metric that separates out currency market impacts as well as mergers and acquisitions) increased +5.2% from last year, marking the fastest pace of quarterly year-over-year growth in more than three years, according to the company.  CEO Ramon Laguarta indicated that Pepsi’s Frito-Lay North America and the company’s international businesses delivered solid operational results, while PepsiCo Beverages North America generated “sequential quarterly net revenue acceleration.

New Age Beverages Corp recently announced that the company would nationally expand its Marley brand beverages as it joins hand with the grocery giant Walmart. For the Colorado and Utah-based organic and natural beverage company, the distribution expansion marks the first ever national account penetration.All three flavors are now available at Walmart stores. This expansion is important for the beverage maker, as intending to become the world’s leading healthy beverages and lifestyles company after the Marley brand saw a 70% increase in demand last year.

New Age Beverages is expanding its distribution deal with retail giant Walmart on its line of CBD-infused Bob Marley-themed drinks. New Age’s agreement with Walmart is the beverage maker’s first national distribution deal.It is also in talks with Walmart for drinks in addition Marley Mate brand.

Last month, during PepsiCo's (NASDAQ:PEP) fourth-quarter 2018 earnings conference call, and again at the Consumer Analyst Group of New York (CAGNY) conference on Feb. 20, new PepsiCo CEO Ramon Laguarta expressed his vision for the beverage and snacks conglomerate.Any shareholders looking for a swift restructuring of core segments, or a major upcoming business transaction, were left with decisively extinguished hopes. Read More...

Monster Beverage   (MNST - Get Report)  shares were down Wednesday after Goldman Sachs downgraded the stock to neutral from buy and removed it from its Americas Conviction List.READ MORE...

When Coca-Cola realized that people were drinking flavored sodas that were made by other manufacturers, it knew it should expand its range beyond Vanilla Coke and Cherry Coke. Earlier this month it announced the launch of Orange Vanilla Coke in North America, the first new flavor for its original drink in more than a decade.On Monday, Coke released a commercial for the drink, based around a 1970s car chase movie theme, coinciding with its store rollout.  READ MORE...

After publishing PepsiCo's (PEP) recent fourth quarterly report, the new CEO Ramon Laguarta reiterated he is satisfied with the Company’s product and geographic portfolios and, therefore, has no plans to divest its operations by shedding or acquiring any significant businesses. However, the company has put into motion a new restructuring program that may lead to an unspecified number of job losses and factories closures over the coming years.In its FY 2018 results, the company allocated $138 million towards these restructuring costs with a further projected expense of $800 million in related charges during the current year. PEP is optimistic about its future growth anticipating organic revenue to rise 4% this year over last year’s 3.7%.

Coca-Cola, the parent company of popular soft drink Coke, has proven enduringly successful over the years: It ranked No.6 on Forbes' list of the world's most valuable brands in 2018, with a whopping $57.3 billion value. READ MORE...

The company’s snack business  registered +4% organic revenue growth in North America for the quarter.  PepsiCo.’s fiscal fourth-quarter net income came in at $6.85 billion (or $4.83 per share), compared to a loss of -$710 million, (or -50 cents per share) of the year-ago quarter.  However, Pepsi has apparently lowered its hopes for full-year 2019 earnings, owing to currency exchange rates headwinds, increased advertising/marketing expenses, and an expected hike in the effective tax rate to 21 percent from 18.8 percent.

Coca-Cola's fourth quarter earnings matched analysts’ expectations, while the soft drink giant warned about a potential slowing of comparable sales in 2019. For the three months ending December, Coke's earnings of 43 cents per share  was +9% higher compared to the year-ago quarter, and was in line with Wall Street consensus estimates. However, the company's group revenues of $7.1 billion was slightly lower than the $7.06 billion analysts' estimate.It was also -6% below the year-ago period’s figure. For 2019, Coca-Cola projects organic sales growth of +4% - which would be slower than 2018’s +5%.

Coca-Cola European Partners PLC is expecting 2019 to be a year of positive growth in sales and profit for the company. The bottler of Coca-Cola products has predicted low single-digit revenue growth (excluding impact from currency fluctuations or incremental soft drink taxes),  and 6%-7% increase in comparable operating profit for 2019.Its revenue in the quarter increased + 5% year-over-year to touch 2.8 billion euros – as prices rise more than offset decline in volume.  Volume dropped -2.5%, while revenue per case rose +6%.

Beverage behemoth Coca-Cola had a magnificent 2018, as the stock appreciated by ~15% and emerged as one of the best-performing Dow stocks.Over the same period, the index was down around 4%. KO has seen another 5% surge in the last two weeks, and technician experts believe the company can keep up its strong performance -- particularly if the company reports earnings breakout this week. Keep an eye on the stock this week.   

In a rare show of unity, PepsiCo CEO Ramon Laguarta and Coca-Cola CEO James Quincey discussed during a World Economic Forum panel how their companies are reducing plastic use.READ MORE...

Coca-Cola CEO James Quincey on the economy, expanding the company's line of beverages, the pricing outlook, the Super Bowl, marketing, launching bottles and cans themed to the Korean boy band BTS and the company's 'World Without Waste' initiative.READ MORE...

New Age Beverages Corp. is joining hands with Docklight Brands to launch a line of Bob Marley-themed cannabis-infused beverages. The product line is also a collaboration with Marley – the brand formed by legendary reggae artist Bob Marley's family and  private equity firm Privateer Holdings (the latter backs cannabis-focused Docklight Brands). Colorado, Oregon, Washington and Michigan would be the initial markets to get a taste of the Marley+CBD beverages.Over time, New Age plans to make the drinks available to more places. Marley-branded CBD-infused drinks marks New Age’s expansion into the hemp space – an apparently much-coveted sector today.