beverages

Thanks for the Smoothie Business Boost, McDonald's

With McDonald's and Starbucks both trying to suck up Jamba Juice's smoothie business, some investors might have worried about how the smaller chain would compete. But as its latest positive profit report shows, the competition has turned out to be healthy for Jamba.

Coffee Still Reigns as U.S. Java King

Despite the specialty-coffee craze for lattes, cappuccinos and other blended and frozen drinks, most caffeine addicts still opt for a regular cup of coffee, according to a new survey by Technomic.

Specialty Foods Are Becoming a Regular Staple Again

Americans are once again indulging in specialty foods the way they did before the recession, and they'll likely make big purchases of these affordable luxuries during the holidays. A recent survey showed 63% of American consumers purchased specialty food this year, up from 46% in 2009.

Coca-Cola May Boost Investment in China

Coca-Cola Company (KO) may increase its spending in China, according to CEO Muhtar Kent. Coke, the world%u2019s largest beverage company, will likely spend "a little more" than the $2 billion it had planned for China from 2009 to 2011, Kent told Bloomberg News.

Coca-Cola Earnings Rise to 88 Cents Per Share

The Coca-Cola Company (KO) reported earnings of 88 cents per share for the third quarter, up 9% from a year earlier. Net revenue rose 5% to $8.4 billion in the quarter, boosted by a strong performance in the North American market, the company said in a statement. International volume also rose 6% in the quarter.

Mexican Coca-Cola Is Finding Sweet Success in the U.S.

The Mexican version -- made with cane sugar instead of high-fructose corn syrup and served in glass bottles rather than plastic -- is making great inroads in the U.S. market. And it's not just Hispanic consumers who are buying.

Coca-Cola Buys Russian Juice Maker

In a move to gain a larger share of the beverage market outside of North America, Coca-Cola (KO) has bought Russian juice maker Nidan Juices, The Wall Street Journal reported Wednesday

Coke CEO Tells How Beverage Giant Got Back on Track

The CEO of the Coca-Cola, the world's largest beverage company, still believes the U.S. is "a great market for growth." Says Muhtar Kent: "We believe that everything that we've done to course-correct in the U.S. in the last three years is working."

PepsiCo Second Quarter EPS Slide 7% to $0.98

PepsiCo%u2019s (PEP) said second-quarter reported earnings per share fell 7% from a year earlier to 98 cents. Reported net income declined 3%. The company repurchased $2.6 billion of common stock in the second quarter, the company said in a statement. It also spent $739 million on dividends.

Beverage Makers Unveil Summer Lineup of Drinks

Each spring, industry giants like National Beverage and Starbucks announce their new slate of summer flavors to distributors, retailers and consumers in an effort to generate plenty of buzz well before you hit the beach.