Dr Pepper Snapple Reports Higher Income

Thursday, Jul 26, 2012  |  Updated 3:28 PM CDT
View Comments (
)
|
Email
|
Print
Dr Pepper Snapple Reports Higher Income

NBCDFW.com

Dr Pepper Snapple Group Inc. says that higher prices for its portfolio of sodas, teas and juices helped raise its second-quarter net income by 3 percent.

advertisement

Dr Pepper Snapple Group Inc. says that higher prices for its portfolio of sodas, teas and juices helped raise its second-quarter net income by 3 percent.

The Plano-based beverage company, which makes 7Up, Sunkist and Mott's, said Thursday it lifted prices by 4 percent overall during the period. That offset a 1 percent dip in sales volume and the negative impact of a stronger dollar.

Sales volume of carbonated soft drinks was flat, with the company's 10-calorie drink -- Dr Pepper Ten -- offsetting declines in Sun Drop and 7Up.

For the three months ended June 30, the company said it earned $178 million, or 83 cents per share. That's compared with $172 million, or 77 cents per share, in the same period last year.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Get NBCDFW on Mobile!
Get NBCDFW's free news and weather... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out