Monday, August 15, 2011

Big Beverage Corps 2Q 2011 Solid Earnings Growth

I found 7 Big Beverage Corps with Pretax Income of at least $100 mil in the most recent quarter.

These 7 Big Beverage Corps generated Total Pretax Income growth of 12% in the 2Q 2011.

Below here are these 2Q 2011 Pretax Earnings (PTI), along with a comparison with the prior year’s quarter amounts.

...........................................................................Increase
................................................PTI........PTI.......(Decrease)
.................................................2Q.........2Q..................
...............................................2011......2010....Amount....%
.................................................(millions of dollars)

Coca Cola(1)................GA......3,509.....3,147.......362.....12%
Coca Cola Enterprises..GA.........337.......252.........85.....34%
Dr Pepper Snapple.......TX.........269........291........(22)....-8%
Brown Forman(2)........KY.........265.......284........(19)....-7%
Constellation Brands...NY.........177.......112..........65.....58%
Hansen Natural............CA.........133.......110..........23.....21%
MolsonCoors Brewing..CO.........120.......102..........18.....18%

Total all 7...............................4,810....4,298........512.....12%

(1) Coca Cola 2011 PTI excludes Gain on Merger of Mexican Bottlers, CCE Transaction Costs Charge, and Investment Asset Impairment Charge. Its 2010 PTI excludes CCE Transaction Costs Charge.
(2) Brown Forman 2011 PTI excludes Gain on Sale of Fetzer Vineyards.