date:Jul 25, 2013
on Reuters I/B/E/S.
Net revenue rose 2 percent to $16.81 billion, topping analysts' estimate of $16.79 billion.
Sales volume rose 3 percent for the food business and 1.5 percent for the beverage business. Volume tracks the amount of product sold.
It seems like beverages have slowed down a little bit, so to have that snack offset is really nice right now, said Edward Jones analyst Jack Russo. And that's where you really get the benefit with lower commodity costs.
Dr Pepper Snapple, which only