Pepsi Bottling Group,Inc., (PBG): Founded in 1999, headquartered in Somers, New York, Pepsi Bottling Group is a manufacturer, seller and distributor of Pepsi-Cola beverages. PBG generates nearly 14 billion in sales annually and operates in the United States, Canada, Greece, Mexico, Russia, Spain and Turkey, accounting for more than one-half of the Pepsi-Cola beverages sold in North America, and about 40 percent of the Pepsi-Cola system volume worldwide. The company has more than 30,000 customer representatives sells and delivers nearly 200 million eight-ounce servings of Pepsi-Cola beverages per day.
In the U.S. And Canada, most of the companies volume is sold in supermarkets, followed by the convenience and gas channel, and the balance of volume is sold in mass merchandising outlets, restaurants and other fountain accounts.
Pepsi Bottling Group's product line includes, Pepsi, Diet Pepsi, Diet Pepsi Max, Caffeine Free Pepsi, Caffeine Free Diet Pepsi, Pepsi Lime, Diet Pepsi Lime, Jazz Diet Pepsi, Jazz Diet Pepsi black cherry, Jazz Diet Pepsi Caramel Cream, Diet Pepsi Vanilla, Wild Cherry Pepsi, Diet Wild Cherry Pepsi, Mountain Dew, Diet Mountain Dew, Sierra Mist, Sierra Mist Free, Sierra mist Squeeze, Sierra Mist Cranberry Splash, Mountain Dew Game Fuel, Mountain Dew Code Red, MUG Root Beer, Diet Mug Root Beer, Tropicana Twister, Aquafina, Aquafina Flabor Splash, Aquafina Sparkling, Aquafina Alive, Propel, Sobe Life Water, Tropicana Pink lemonade, Dole, Lipton Pure Leaf Iced Tea, Lipton White Tea Rasperry, Lipton White Tea Diet, Lipton Brisk Iced Green Tea, Lipton Green Tea Diet, Lipton Green Tea, Ocean Spray Cranberry, Sobe Green Tea, Starbucks Frappuccino, Ben & Jerry's Milkshake, Starbucks Doubleshot, Starbucks Doubleshot lite, G2, AMP Energy Tall Boy, Sobe Essential Energy, Sobe No Fear Gold, Sobe No Fear Sugar Free, AMP Energy Big Rig, and Sobe Adrealine Rush.
The company has produced better than expected earnings in four of last four quarters. Market is expecting a profit of $1.05 per share for the quarter ended September 2009, which is 1 cents below its actual profit it posted a year ago in the same quarter.
I am keeping PBG in my BUY watch list for short term trading. Pepsi Bottling is scheduled to release it earnings for the quarter ended September 2009 on Tuesday October 6, 2009 before market open.
