Soft drink industry
Article Abstract:
Poor international market conditions, especially in Latin America, was one of the main factors that slowed growth for the US soft drink industry for the 1st qtr of 1999. Competition is growing in the US restaurant and fountain business, and international consolidation and the development of new soft drink flavors are having an effect on the industry, as well. These stocks are not timely in 1999, but the industry does have some excellent long-term prospects overseas, especially PepsiCo and Coca-Cola.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Soft drink industry
Article Abstract:
Domestic sales for the soft drink industry increased by only 1% during the first six months of 1999, due to higher prices and other factors, but demand is expected to increase in the coming months. Sales on the international level were also down in the first two quarters of 1999, and Coca-Cola Co has had problems in Europe with the adverse publicity and costs of a product recall. Low earnings have made these stocks untimely in 1999, but the industry does have excellent prospects for the future.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: