Dr Pepper Snapple Group to Re-Confirm Guidance at Barclays Capital Back-To-School Consumer Conference
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PLANO, Texas--(BUSINESS WIRE)--Today at the Barclays Capital Back-To-School Consumer Conference in Boston, Larry Young, DPS president and CEO, will re-confirm the company's full-year 2009 guidance.
The company continues to expect:
- Net sales, as adjusted, to be up 2% to 4%;
- Earnings per share, excluding certain items, to be $1.88 to $1.96;
- Net capital spending to be approximately 5% of net sales; and,
- Repayment of debt obligations to be at least $475 million.
| Full Year 2009 Net Sales Guidance | Percentage Growth | |
| Reported net sales | (2)% to (4)% | |
| Impact of loss of Hansen product distribution | 4% | |
| Impact of foreign currency | 2% | |
| Comparable currency neutral net sales | 2% to 4% | |
| Full Year 2009 Guidance | 2009 | |
| 2009 full-year guidance EPS | $2.03 to $2.11 | |
| Net gain on Hansen contract termination payment and | ||
| sale of certain distribution rights | $0.15 | |
| 2009 full-year guidance EPS excluding certain items | $1.88 to $1.96 |
About Dr Pepper Snapple Group
Dr Pepper Snapple Group, Inc. (NYSE: DPS) is the leading producer of flavored beverages in North America and the Caribbean. Our success is fueled by more than 50 brands that are synonymous with refreshment, fun and flavor. We have 6 of the top 10 non-cola soft drinks, and 9 of our 12 "power brands" are No. 1 in their flavor categories. In addition to our flagship Dr Pepper and Snapple brands, our portfolio includes Sunkist soda, 7UP, A&W, Canada Dry, Crush, Mott's, Squirt, Hawaiian Punch, Penafiel, Clamato, Schweppes, Venom Energy, Rose's and Mr & Mrs T mixers. To learn more about our iconic brands and Plano, Texas-based company, please visit www.drpeppersnapple.com.
Safe Harbor Statement
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