Today Hansen reported its 2Q 2008 results.** Gross sales up 15.5% to $324.1 million from $280.6 million in 2Q 2007
** Net sales up 15.3% to $282.2 million from $244.8 million in 2Q 2007
** Monster and Java Monster sales up 22.3% from 2Q 2007
** Case sales up to 28.72 million from 26.95 million in 2Q 2007
** International sales up to $19.5 million ($1.9 million in the U.K.) from $13.4 million in 2Q 2007
** Gross profit margin 51.8% from 52.4% in 2Q 2007
** Cost of sales $136.03 million from $116.51 million in 2Q 2007
** Operating income margin 27.7% from 25.1% in 2Q 2007
** Net income up 31.1% to $50.2 million ($0.51 per share) from $38.3 million ($0.39 per share) in 2Q 2007
** Profit margin 17.8% from 15.7% in 2Q 2007
** Company purchased 1.7 million shares in quarter at average price of $29.46 per share (total share count numbers not provided in press release)
** Cash and short-term investments $205.02 million
A new energy drink to hit the market, “Drank,” will help busy professionals relax after a long day of work. A Kingwood resident and employee with Innovative Beverage Group has tested the effectiveness himself and regards the drink as a relaxation tool after a long day of work.
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CANTON, Mass., Aug. 7 /PRNewswire/ — Dunkin’ Donuts, the world’s largest coffee and bakery quick-service restaurant chain, announced today the signing of two multi-unit store development agreements for 107 new restaurants in Houston. The Kainos Partners Holding Company, LLC agreement includes the opening of 75-units throughout Houston with ten (10) scheduled to open in 2009. Southern Donuts, LLC plans to open 32 units with six scheduled to open in 2010. Site selection will begin soon for both franchisees.
Wal-Mart, the world’s largest retailer, says the new small Marketside grocery stores it is to launch this autumn could expand to a chain of more than 1,000 stores, delivering $10bn-plus in annual sales.
The retailer plans to open 10 of the 15,000 sq ft Marketside stores initially, including four in the Phoenix area, where they will be competing directly with Tesco’s recently launched US Fresh & Easy store concept.
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If you own or are starting a beverage business you must visit Build Your Beverage Empire, the blog form the best selling book on the beverage industry
Build Your Beverage Empire is a best selling book that uncovers the secrets of beverage development, bottling, sales and distribution. It explains the beverage industry from top to bottom.
The beverage book is divided into 3 parts. The first part tells you about the beverage business and what to expect as an entrepreneur. The second part talks about beverage development in detail and the third and final part spends a long time showing you how to sell and market all kind of beverages.
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