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Name-Brand Consumer Goods Roundup: Monster Beverage Scared Up Plenty Of Sales In Q2

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Name-Brand Consumer Goods Roundup: Monster Beverage Scared Up Plenty Of Sales In Q2

Name brand consumer goods continue to outpace private labels. U.S. edibles sales have increased 0.8 percent in the past 12 weeks according to a new report by BMO Capital Markets. Total branded value sales of name brands continue to surpass private label units with an increase of 1.5 percent compared to a decrease of 2.2 percent in private label brands.

Ratings

  • The Coca-Cola Co (NYSE: KO): Outperform

    While Coca-Cola experience a 2.2 percent CSD sales decline, the company saw growth in bottled water up 8 percent, sports drinks up 5 percent, bottled juices up 11 percent and refrigerated tea/coffee up 10 percent.

  • Dr Pepper Snapple Group Inc. (NYSE: DPS): Market Perform

    Consolidated sales have declined 1.5 percent, with bottled juices weighing the most on its portfolio at a 2.6 percent decrease.

  • PepsiCo, Inc. (NYSE: PEP): Outperform

    Consolidated sales increased 0.7 percent. PepsiCo's food sales saw a 1.4 percent increase and continue to be the driver of growth. Beverage sales declined 0.2 percent, but the company has experienced strength in sports drinks (up 6.2 percent) and bottled water (up 2.9 percent).

    Related Link: Why Coca-Cola May Have Interest In Taking A Stake In Hain Celestial

  • Monster Beverage Corporation (NASDAQ: MNST): Outperform

    As one of the hottest stocks of the past decade, Monster sales increased 9 percent, outpacing the industry for the ninth consecutive quarter.

  • Hain Celestial Group Inc (NASDAQ: HAIN): Outperform

    Hain Celestial posted a third-straight positive quad-weekly comp, due to solid growth in Sensible Portions (up 20 percent).

  • WhiteWave Foods Co (NYSE: WWAV): Market Perform

    WhiteWave Foods sales growth continues to be moderate, experiencing a 2.6 percent increase.

  • Post Holdings Inc (NYSE: POST), Mondelez International Inc (NASDAQ: MDLZ): Outperform

    Both experienced flat sales year-over-year, but both companies' top categories (cereal and biscuits) posted accelerating trends in the 12-week period.

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  • Latest Ratings for KO

    DateFirmActionFromTo
    Jan 2020Morgan StanleyMaintainsOverweight
    Jan 2020B of A SecuritiesMaintainsBuy
    Jan 2020RBC CapitalMaintainsOutperform

    View More Analyst Ratings for KO
    View the Latest Analyst Ratings

    Posted-In: BMO BMO Capital BMO Capital Markets Consumer Goods name brandAnalyst Color Reiteration Analyst Ratings Best of Benzinga

     

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