Dr Pepper Snapple posts upbeat results – along with a downbeat forecast
By Sony Kassam Dr Pepper Snapple Group Inc. turned in better-than-expected fourth quarter results Wednesday, but its shares came under pressure when it provided a wary forecast. The Plano, Texas-based soft drink company said net income soared 23 percent to $185 million, or 97 cents per diluted share, from $150 million, or 77 cents per […]
TreeHouse Foods profit tops forecasts
By Sony Kassam Despite increased competition and an unfavorable pricing environment, TreeHouse Foods Inc. released fourth quarter results that outperformed Wall Street’s expectations Thursday. The Oak Brook, Illinois-based provider of private label foods and beverages said net income rose 9.8 percent to $37.3 million, or 85 cents per diluted share, from $33.9 million, or 78 […]
