date:Apr 25, 2014
nder way. The tea brand has dipped or delivered modest gains in recent quarters.
I think on the Snapple, you wont see us cut anything back on Snapple, Mr. Young said. Weve got a lot of great plans, and thats one that well stay behind for the long term.
For the first quarter ended March 31, net income was $155 million, equal to 78c per share on the common stock, up 46% from $106 million, or 52c per share, in the prior-year quarter.
Net sales increased 1.3% to $1,398 million from $1,380 million