The 4% growth in Dr Pepper Snapple’s non-carbonated beverage volumes in 4Q15 was driven by its water category. The water category posted a 21% volume growth in 4Q15, driven by strong growth in Bai brands, FIJI, and the company’s Aguafiel brand in Mexico.
Volumes of the company’s juice and tea brand, Snapple, grew by 4%, driven by distribution gains and innovation. Hawaiian Punch, Clamato and Mott’s posted volume growth of 3%, 5%, and 2%, respectively, in 4Q15. Dr Pepper Snapple constitutes 0.3% of the iShares Russell Mid-Cap ETF (IWR).
View more information: https://marketrealist.com/2016/02/dr-pepper-snapples-non-carbonated-beverages-call-shots-4q15/