F&B Companies Strike the Right Balance with Promotional Strategies, Plant Investments, and Cost Saving Efforts - Research Report on Pepsi, Green Mountain Coffee, Diageo, Annie's, and Diamond Foods
NEW YORK, June 13, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting PepsiCo, Inc. (NYSE: PEP), Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), Diageo plc (ADR) (NYSE: DEO), Annie's Inc. (NYSE: BNNY), and Diamond Foods, Inc. (NASDAQ: DMND). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
PepsiCo, Inc. Research Report
On June 10, 2013, PepsiCo, Inc. (Pepsi) announced that gaming fans in the US will soon be able to experience the next level of play thanks to the biggest promotion in the Mountain Dew and Doritos brand history. In the coming fall, to celebrate a new generation of gaming, Mountain Dew and Doritos brands will give fans the opportunity to get their hands on thousands of Xbox One consoles, the all-in-one gaming and entertainment system. Larry Hryb, Director of Programming for the Microsoft Gaming Network Xbox Live, said, "The Mountain Dew and Doritos brands are going to reward gamers in the biggest way possible this year with a variety of opportunities to get their hands on the Xbox One. We'll be sharing more details throughout the summer, but rest assured that DEW and Doritos are creating something that is truly befitting of our epic new generation hardware." The Full Research Report on PepsiCo, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/dc46_PEP]
Green Mountain Coffee Roasters Inc. Research Report
On June 7, 2013, Green Mountain Coffee Roasters Inc.'s subsidiary, GMCR Canada Holding Inc. (GMCR Canada) announced that it plans to invest (Canadian Dollar) CAN$55 million in its existing Saint-Michel facilities to create a true Quartier du café in Montreal. According to the Company, modernizing and expanding its Montreal plant will allow GMCR Canada to increase and diversify its production capacity over the coming years and remain a prime manufacturing hub in GMCR's North American network. More specifically, this investment will enable the Company to upgrade its roasting facilities, add new high performance packaging lines, renovate its green coffee infrastructure, and expand its traditional product portfolio to include new beverages for GMCR's Keurig brewers. The Full Research Report on Green Mountain Coffee Roasters Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/cd08_GMCR]
Diageo plc (ADR) Research Report
On June 6, 2013, Diageo plc (ADR) (Diageo) announced several appointments to its Executive Committee. Andy Fennell, Chief Marketing Officer, will be appointed as the President and Chief Operating Officer, Africa and will report to Nick Blazquez, President Africa, Eastern Europe and Turkey, effective July 1, 2013. Fennell will continue as a member of Diageo Executive Committee. Syl Saller, Global Innovation Director, will be appointed as the Chief Marketing Officer with effect from July 1, 2013, and will join the Diageo Executive Committee at the same time. Further, the Company announced that Gareth Williams, HR Director since January 1999, will retire from the Company. Williams will leave the Executive Committee on June 30, 2013, and will remain with the Company until June 30, 2014, supporting a number of key projects. Leanne Wood, Global Talent and Organizational Effectiveness Director, will be appointed as the HR Director with effect from July 1, 2013, and will join the Executive Committee on the same date. The Full Research Report on Diageo plc (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/9826_DEO]
Annie's Inc. Research Report
On June 10, 2013, Annie's Inc. (Annie's) announced financial results for Q4 FY 2013 and full-year FY 2013 (period ended March 31, 2013). Excluding items related to the frozen pizza recall, adjusted net sales increased 21.5% YoY to $52.2 million for Q4 FY 2013. Adjusted net income was $5.1 million, or $0.29 per diluted share, compared to adjusted net income of $3.9 million or $0.24 per diluted share in Q4 FY 2012. Adjusted net income growth was driven by strong improvement in operating income and a lower tax rate as compared to Q4 FY 2012. For full-year FY 2013, the Company's adjusted net sales increased 21.1% YoY to $171.1 million. The Full Research Report on Annie's Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/f2a4_BNNY]
Diamond Foods, Inc. Research Report
On June 10, 2013, Diamond Foods, Inc. (Diamond Foods) reported financial results for Q3 FY 2013 (period ended April 30, 2013). Net sales decreased 11% YoY to $184.9 million. Nuts segment sales decreased 23.2% YoY to $80.7 million driven by a 40.3% decrease in volume. According to the Company, the primary drivers of the volume decline were planned reductions in SKUs and lower promotional spending with the Emerald brand and lower walnut supply. Gross margin was 23.4%, up from 16.5% in Q3 FY 2012. Commenting on the results, Diamond Foods' Chief Executive Officer, Brian J. Driscoll, said, "The improvement in gross margins reflects both an increase in net price realization in our portfolio and results of our cost saving efforts that are materializing in our operations and supply chain. While we still have difficult and important challenges to tackle, we continue to track toward an operating model that is designed to create sustainable growth." The Full Research Report on Diamond Foods, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/0bda_DMND]
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SOURCE Wall Street Reports