Core Insights - Keurig Dr Pepper Inc. (KDP) has a market capitalization of $37.6 billion and operates in the beverage and brewing systems sector, producing brands like Dr Pepper and Snapple [1] Performance Overview - KDP shares have underperformed the broader market, declining 16.9% over the past 52 weeks, while the S&P 500 Index has increased by 17.4% [2] - Year-to-date, KDP shares are down 14.6%, contrasting with the S&P 500's nearly 16% gain [2] - KDP has also lagged behind the Consumer Staples Select Sector SPDR Fund, which has seen a decline of over 5% in the past 52 weeks [3] Recent Financial Results - On October 27, KDP reported Q3 2025 results with net sales rising 10.7% to $4.31 billion and adjusted EPS increasing 5.9% to $0.54 [4] - The growth was primarily driven by a 14.4% surge in U.S. Refreshment Beverages, with the GHOST acquisition contributing 7.2 percentage points to volume growth [4] - KDP raised its full-year constant currency net sales growth outlook to a high-single-digit range, boosting investor confidence [4] Analyst Expectations - For the fiscal year ending December 2025, analysts project KDP's adjusted EPS to grow 6.8% year-over-year to $2.05 [5] - KDP has a strong earnings surprise history, having beaten or met consensus estimates in the last four quarters [5] - Among 16 analysts covering the stock, the consensus rating is a "Strong Buy," with nine "Strong Buy" ratings, one "Moderate Buy," five "Holds," and one "Strong Sell" [5] Price Target Adjustments - On October 29, Jefferies lowered its price target on KDP to $39 while maintaining a "Buy" rating [7] - The mean price target of $34.94 indicates a 26.2% premium to KDP's current price levels, while the highest price target of $42 suggests a potential upside of 51.7% [7]

Core Viewpoint - Immersion Investment Partners reported an 18.4% gain in Q3 2025, outperforming both the Russell 2000 Index and the Russell Microcap Index, indicating strong fund performance and effective investment strategies [1] Company Summary - Celsius Holdings, Inc. (NASDAQ:CELH) has shown a one-month return of 2.44% and a remarkable 91.01% increase in share value over the past 52 weeks, closing at $60.13 with a market capitalization of $15.501 billion on October 30, 2025 [2] - The partnership between Celsius and PepsiCo has been strengthened, with Alani Nu's North American distribution moving entirely to Pepsi by the end of 2025, which is expected to significantly enhance market share for both Celsius and Alani [3] - The amended agreement allows Celsius full control over energy drink distribution, which is anticipated to lead to accelerated sales and earnings growth, with projections indicating that Alani could generate $300 million in adjusted EBITDA growth in 2026 [3]

Index Performance - The Hang Seng Index (HSI) closed at 26,283, down 0.2% for the day but up 31.0% year-to-date (YTD) [2] - The MSCI China index increased by 36.2% YTD, despite a 0.2% decline on the last day [2] - The CSI 300 index showed a YTD increase of 19.7%, with a 0.8% drop on the last day [2] Commodity Price Performance - Brent Crude oil prices fell by 0.3% to $65 per barrel, down 9.9% YTD [3] - Gold prices rose by 2.4% to $4,025 per ounce, reflecting a significant YTD increase of 53.3% [3] - Copper prices increased by 1.3% to $11,184 per ton, with a YTD rise of 27.5% [3] Macro and Earnings Releases - The Core PCE Index in the US remained stable at 2.9% YoY as of October 31 [4] - US Personal Income increased by 0.4% MoM, consistent with expectations [4] - US Auto Sales were reported at an annualized rate of 16.4 million units, exceeding the consensus of 15.5 million [4] Corporate Earnings Insights - Sinopec's net profit dropped 15% QoQ to RMB 8.3 billion, 26% below forecasts, with a projected 22% decline in Q4 earnings [10] - China Oilfield Services (COSL) reported a 16% QoQ earnings growth to RMB 1.25 billion, but expects a 17% decline in Q4 [13] - CNOOC Limited's net profit fell 12% YoY to RMB 32.4 billion, but was 6% above forecasts, with a projected 21% decline in Q4 earnings [17]

Core Insights - Service Corporation International (SCI) reported strong third-quarter 2025 results, with year-over-year increases in both revenue and earnings, surpassing the Zacks Consensus Estimate [1][2][3] - The company reaffirmed its 2025 earnings outlook and raised its cash flow guidance, indicating improved operational performance and financial discipline [1][15][16] Financial Performance - Adjusted earnings per share (EPS) reached $0.87, exceeding the Zacks Consensus Estimate of $0.83, and reflecting a 10.1% increase from $0.79 in the same quarter last year [2][8] - Total revenues amounted to $1,058.1 million, a 4.4% increase from $1,014 million in the prior year, also beating the consensus estimate of $1,041 million [3][8] - Gross profit rose 5.1% to $265.5 million, with a gross margin expansion of 30 basis points to 25.1% [3][4] Cost Management - Corporate general and administrative expenses decreased by 12.4% year over year to $38.3 million, representing 3.6% of total revenues, down 70 basis points [4][8] - Operating income increased by 6.6% to $226.4 million, with an operating margin improvement of 40 basis points to 21.4% [4][8] Segment Performance - Funeral Operations generated total revenues of $574.1 million, slightly above the consensus estimate, but gross profit declined 7.7% to $99.6 million [5][8] - Cemetery Operations reported total revenues of $484 million, surpassing the consensus estimate, with gross profit increasing 14.6% to $165.9 million [9][10] Guidance and Cash Flow - The company confirmed the mid-point of its 2025 EPS guidance at $3.85, narrowing the range to $3.80-$3.90, with expected adjusted earnings growth of 8-12% [15][16] - Cash flow guidance was raised, projecting net cash provided by operating activities (excluding special items) between $1.05 billion and $1.09 billion [16][18] Financial Health - As of the end of the quarter, SCI had cash and cash equivalents of $241.3 million, long-term debt of $4.96 billion, and total equity of $1.57 billion [13][18] - Total capital expenditure for 2025 is projected at $315 million, with allocations for capital improvements, cemetery development, and digital investments [14][18]

Core Insights - Ravi Jaipuria, founder and chairman of RJ Corp., has a significant net worth primarily from Varun Beverages, a PepsiCo franchisee serving over 1 billion customers [2][3]. Financial Performance - Varun Beverages reported third-quarter earnings that exceeded analyst expectations, leading to a 9% increase in share price in one session [3]. - The company's revenue, net income, and earnings per share (EPS) all surpassed forecasts [3]. Market Impact - The 9% increase in shares raised Jaipuria's net worth to $13.7 billion from $12.5 billion, positioning him as the 206th richest person globally [4]. Strategic Developments - Varun Beverages is exploring expansion into the alcoholic beverages sector and has secured an exclusive distribution agreement with Carlsberg [3].

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--National Beverage Corp. (NASDAQ: FIZZ) announced that it had begun open market purchases of its common stock and will release further details at an appropriate time. The purchases were made pursuant to the Company's previously announced share buyback program. "Our Company remains fundamentally strong and continues to generate superior cash flows. Geopolitical headwinds, including the current government shutdown, funding of the SNAP program, tariffs and th. ...

Financial Data and Key Metrics Changes - In Q3 2025, the company experienced top-line growth of 0.9% and EBITDA growth of 3.3%, with margin expansion of 85 basis points [8][21] - Underlying EPS increased by 1% in U.S. dollars and 0.3% in constant currency, reaching $0.99 per share [21][22] - Revenue per hectoliter increased by 4.8%, driven by disciplined revenue management and a portfolio of premium brands [8][21] Business Line Data and Key Metrics Changes - The premium beer, non-alcohol beer, and beyond beer segments continued to outperform, with the quarterly GMV of the BIS marketplace reaching nearly $1 billion [5][8] - In the U.S., the portfolio saw a revenue increase in the mid-40s, led by Cutwater, which grew revenue in the triple digits [9] - Michelob Ultra became the number one brand in the industry by volume year to date, gaining market share in all 50 states [9][10] Market Data and Key Metrics Changes - Revenue increased in 70% of the company's markets, with bottom-line growth in four of five operating regions [8][21] - In China, revenue declined by 15.2%, with volumes underperforming the industry due to a soft consumer environment [13] - In Brazil, revenue declined by 1.9% due to unseasonable weather and a softer consumer environment, but market share gains were achieved [11][12] Company Strategy and Development Direction - The company is focused on executing its strategic priorities, including investments in brands and innovations to drive market share gains [4][5] - A $6 billion share buyback program was approved, alongside an interim dividend of €0.15 per share, reflecting confidence in long-term growth [7][22] - The partnership with Netflix aims to create co-marketing campaigns and enhance consumer experiences, integrating beer with entertainment [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged headwinds in China and unseasonable weather in the Americas but expressed confidence in the resilience of the strategy [4][5] - The outlook for the beer category remains positive, with expectations for industry volume growth as conditions normalize [12][40] - The company anticipates a significant opportunity in 2026 with the FIFA World Cup in North America, which is expected to enhance brand visibility and consumer engagement [25][41] Other Important Information - The company is actively managing its debt portfolio, announcing the redemption of $2 billion of outstanding bonds [7][22] - The growth of the non-alcohol beer segment is seen as a key opportunity, with the portfolio growing by 27% [15][81] Q&A Session Summary Question: Thoughts on the $6 billion buyback program and its implications for capital allocation - Management indicated that the buyback program reflects improved balance sheet flexibility and is part of a disciplined capital allocation strategy [27][29] Question: Outlook for global beer volume growth - Management noted that the medium-term outlook for global beer is around 1% growth, with potential for further growth through beyond beer propositions [28][30] Question: Volume growth expectations for 2026 - Management expressed optimism for volume growth in 2026, particularly with the FIFA World Cup and improving consumer sentiment [40][41] Question: Impact of input costs and FX on 2026 - Management stated that while they do not provide specific guidance on costs, they hedge 12 months ahead and expect a more normalized environment in 2026 [43][45] Question: Performance in Latin America, particularly Brazil and Colombia - Management highlighted that while Brazil faced challenges due to weather, Colombia continued to show strong performance and volume growth [52][53] Question: Insights on the Champions League sponsorship and ROI - Management emphasized the importance of integrating brands with major events and cultural moments to enhance long-term brand positioning [62][63] Question: Success of Cutwater and its sustainability - Management noted that Cutwater has become a top 10 spirits brand in the U.S., driven by consistent brand building and strategic investments [66][67]

US “relaxation” drinks firm Recess has raised $30m in a Series B round and named Nutrabolt executive Kyle Thomas as president and co-CEO. Thomas, formerly global chief commercial officer at C4 Energy owner Nutrabolt, will be co-CEO alongside Recess founder Benjamin Witte. In a statement, Recess said the capital will be directed towards expanding its team and trying to build distribution. Founded in 2018, Recess develops functional beverages and supplements positioned to help people “feel calm and balanc ...

FORT LAUDERDALE, FL / ACCESS Newswire / October 30, 2025 / Golden Grail Beverages (OTC:GOGY) ("Golden Grail" or the "Company") today announced that the previously declared stock dividend has been processed and distributed to shareholders. As previously disclosed, the dividend was payable at a ratio of two (2) shares of common stock for every ten (10) shares of Company common stock held by shareholders of record as of August 27, 2025 (the "Record Date"). ...

Core Points - Monster Beverage Corporation will report its third quarter results for the period ending September 30, 2025, on November 6, 2025, after market close [1] - CEO Hilton Schlosberg will host an investor conference call on the same day at 2 p.m. Pacific Time to discuss the financial results and operations [1] - The conference call will be accessible to all interested investors via a live audio webcast on the company's website, with an archived version available for approximately one year [2] Company Overview - Monster Beverage Corporation is based in Corona, California, and operates primarily through its consolidated subsidiaries [3] - The company's subsidiaries develop and market a wide range of energy drinks, including various brands such as Monster Energy®, Java Monster®, and Reign® [3] - In addition to energy drinks, the company's subsidiaries also produce still and sparkling waters, craft beers, flavored malt beverages, and hard seltzers under multiple brand names [3]