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.
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.
Consolidated sales have declined 1.5 percent, with bottled juices weighing the most on its portfolio at a 2.6 percent decrease.
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).
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 posted a third-straight positive quad-weekly comp, due to solid growth in Sensible Portions (up 20 percent).
WhiteWave Foods sales growth continues to be moderate, experiencing a 2.6 percent increase.
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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