Dr Pepper Snapple Group, Inc., (DPS) based in Plano, Texas announced on October 3rd that company's financial results for third quarter of 2012 will be issued on Wednesday, October 24th, before the market opens.
Discussion about results for financial analysts and investors will be held at 10 a.m. CDT on October 24, with presence of president and CEO of company Larry Young as well as Marty Ellen, the chief financial officer. " This conference call with slide presentation will be accessible live through the DPS website at https://www.drpeppersnapple.com and will be archived for replay for a period of 14 days." says company's corporate news.
In the second quarter company reported EPS of $0.83 compared to $0.77 in the prior year period. Excluding unrealized commodity mark-to-market losses in both years and certain items affecting comparability in the current year, Core EPS were $0.85 compared to $0.78 in the prior year period. Year-to-date, the company reported earnings of $1.31 per diluted share compared to $1.27 per share in the prior year period. Excluding certain items affecting comparability in the current year and unrealized commodity mark-to-market losses in both years, Core EPS were $1.31 compared to $1.28 in the prior year period.
For the quarter, reported net sales increased 2% reflecting 4 percentage points of price/mix and lower discounts, partially offset by lower volumes and a 2% foreign currency impact. Reported segment operating profit (SOP) increased 2%, or $7 million, as the contributions from net sales growth and productivity improvements were partially offset by higher packaging and ingredient costs, certain increases in labor and benefits, a $9 million increase in marketing investments and an $8 million pre-separation-related non-cash charge recorded in the current period.
Reported income from operations for the quarter was $300 million compared to $290 million in the prior year period, including $7 million of unrealized mark-to-market losses in both years.
To see more about DPS second quarter results click here.
Dr Pepper Snapple Group is a producer of flavored beverages in North America and the Caribbean.
