Beverage Stocks Betting on Global Beverage Sales Projections to Grow for Multi-Billion Dollar Industry

CORAL SPRINGS, Florida, October 17, 2016 /PRNewswire/ --

Although the beverage industry is project to continue to expand and grow as the demands and wants of consumers around the globe change, development of new niche brands and quality ready-to-drink products are helping to propel the industry to new heights.  Long Island Iced Tea Corp. (NASDAQ: LTEA), Pepsico, Inc. (NYSE: PEP), Monster Beverage Corp. (NASDAQ: MNST), Coca-Cola Company (NYSE: KO) and Dr Pepper Snapple Group, Inc., (NYSE: DPS).

Long Island Iced Tea Corp . (NASDAQ: LTEA), a growth-oriented company focused on the ready-to-drink ("RTD") tea segment in the beverage industry, today reported preliminary unaudited net sales results for the three and nine month periods ended September 30, 2016.  These preliminary results are subject to completion of the Company's quarter-end financial reporting processes and reviews and other financial and accounting procedures. Highlights include estimated net sales are expected to increase approximately 185% to approximately $1,301,000 for the three months ended September 30, 2016, as compared to $456,787 for the comparable prior-year period.

Read the full LTEA Press Release at:  http://financialnewsmedia.com/profiles/ltea.html

Philip Thomas, CEO of the Company said, "The third quarter of 2016 was another fantastic quarter for the Company. Continued strong growth of our brand and the expansion of our distribution footprint into new regional markets resulted in substantial revenue growth. New partnerships announced in the third quarter included Christmas Tree Shops, Menards, Ingles and Restaurant Depot. In addition, we formed new partnerships with strategic brokers and entered new geographies including Canada with Unique Foods and Puerto Rico with Tres Monjitas."

Long Island Iced Tea Corp. also recently announced that it has entered into a partnership with Food Lion LLC ("Food Lion") to make Long Island Iced Tea® available in its locations. Food Lion, based in Salisbury, N.C., is one of the largest supermarket chains in the Southeast United States with over 1,000 locations in 10 Southeastern and Mid-Atlantic states employing more than 65,000 associates. This is the largest partnership in the Company's five-year history.

For a complete insight into LTEA operations go to this free, independent report: http://investmentresearchreport.com/mnga-report/?=fn  Source: ALG Financial

In other Beverage Stocks developments and happenings in the market: 

Pepsico, Inc. (NYSE: PEP) closed up slightly on Friday at $106.83 on over 4.7 Million shares traded by the market close for the week.  Pepsico's North America Beverages segment offers beverage concentrates, fountain syrups, and finished goods under the Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Tropicana Pure Premium, Sierra Mist, and Mug brands; and ready-to-drink tea and coffee, and juices.

Monster Beverage Corp. (NASDAQ: MNST) announced Friday a 3-for-1 split of its common stock, to be effected in the form of a stock dividend. The energy drink company said the new shares will be distributed on Nov. 9 to shareholders of record on Oct. 26. The stock should begin trading at a split-adjusted basis on Nov. 10. The stock closed Thursday at $145.98, down from its Aug. 5, 2016 record close of $162.52. The split will triple the number of shares outstanding to about 571 million shares, and will in effect cut the stock price to a third of the Nov. 9 closing price.

The Coca-Cola Company (NYSE: KO) announced last week Sandy Douglas, Executive Vice President and President Coca-Cola North America, will present at 10:40 a.m. EST, Tuesday, Nov. 15, 2016 during the Morgan Stanley Global Consumer and Retail Conference being held in New York.  The company invites investors to listen to the live audiocast of the presentation at its website, coca-colacompany.com/investors. A replay in downloadable MP3 format will also be available within 24 hours after the audiocast on the company's website.

Dr Pepper Snapple Group, Inc., (NYSE: DPS) will issue its third quarter 2016 financial results on Thursday, October 27, before the market opens. Larry Young, DPS president and CEO, and Marty Ellen, chief financial officer, will discuss the results during an earnings conference call for financial analysts and investors at 9 a.m. CDT that day. The conference call and slide presentation will be accessible live through the DPS website at http://www.drpeppersnapple.com and will be archived for replay for a period of 14 days.

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at financialnewsmedia.com.  Follow us on Facebook: facebook.com/financialnewsmedia and Twitter:  twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated one thousand nine hundred dollars for news coverage of the current press release issued by Long Island Iced Tea Corp. by a non-affiliated third party.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  [email protected]
Phone:  +1-(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC