There were 8 US Big Beverage Corps, with Pretax Earnings (PTI) or Pretax Losses above $100 mil each in either the 4Q 2011 or the 4Q 2010, which have released their 4Q 2011 earnings so far.
These 8 US Big Beverage Corps had their Total Pretax Earnings increased nicely by 14% in the 4Q 2011, as compared with the 4Q 2010.
Below here are these 4Q 2011 Pretax Earnings (PTI), along with a comparison with the prior year’s quarter amounts.
.............................................................................Increase
................................................PTI...........PTI.......(Decrease)
.................................................4Q............4Q..................
...............................................2011.........2010....Amount....%
.................................................(millions of dollars)
Coca-Cola(1)...........................2,089.......1,843........246....13%
Dr Pepper Snapple(2).................246..........249.........(3)...-1%
Brown Forman...........................239..........229.........10.....4%
Molson Coors Brewing................182..........125.........57....46%
Constellation Brands..................167..........192........(25)..-13%
Coca-Cola Enterprises................158..........124.........34....27%
Beam(3).....................................143...........80.........63....79%
Monster Beverage......................105...........80.........25....31%
Total all 8................................3,329......2,922.......407....14%
(1) Coca-Cola 2011 PTI excludes Gain due to an Equity Investment issuing more common shares. Its 2010 PTI excludes Gain from Remeasurement of an Investment to Fair Value, Gain on Sale of Norwegian and Swedish Bottlers, and various large one-time Charges mostly related to Acquisitions.
(2) Dr Pepper Snapple 2010 PTI excludes Loss on Debt Extinguishment.
(3) Beam 2011 PTI excludes Asset Impairment Charge and Loss on Debt Extinguishment.
