Dr Pepper Snapple Company Analysis

Dr Pepper Snapple Group Inc. was incorporated on October 24, 2007, and is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers. The company's segments include Beverage Concentrates, Packaged Beverages and Latin America Beverages. The company's brand portfolio includes CSD brands, such as Dr Pepper, Canada Dry, Penafiel, Squirt, 7UP, Crush, A&W, Sunkist soda and Schweppes, and NCB brands, such as Snapple, Hawaiian Punch, Mott's and Clamato. As of December 31, 2016, the company

It primarily manufactures and distributes packaged beverages and other products, including its brands, third-party owned brands and certain private label beverages, in the United States and Canada. Its NCB brands include Snapple, Hawaiian Punch, Mott's, FIJI mineral water, Clamato, Yoo-Hoo, Deja Blue, Bai Brands, ReaLemon, AriZona tea, Vita Coco coconut water, Mr. and Mrs. T mixers, BodyArmor, Nantucket Nectars, Garden Cocktail, Mistic and Rose's. Its CSD brands include Dr Pepper, 7UP, Canada Dry, A&W, Sunkist soda, Squirt, RC Cola, Big Red, Vernors, Venom, IBC, Diet Rite and Sun Drop. Its Packaged Beverages products are manufactured in various facilities across the United States and are sold or distributed to retailers and their warehouses by its own distribution network or by third-party

The Latin America Beverages segment participates in the carbonated mineral water, flavored CSD, bottled water and vegetable juice categories, with particular strength in carbonated mineral water, vegetable juice categories and grapefruit flavored CSDs. Its brands include Penafiel, Squirt, Aguafiel, Clamato and Crush. In Mexico, it manufactures and distributes its products through its bottling operations, and third-party bottlers and distributors.
Dr Pepper Snapple Group has a strong foothold across diverse brands in the American market and the acquisition of other brands has helped the company expand its portfolio. The Company faces competition from Coca-Cola, PepsiCo, Nestle, S.A., Kraft Foods Group, Inc., The Campbell Soup Company and The Cott Corporation.
Recap of Last Year’s Events
On March 16, 2017, the company entered into a new five-year unsecured credit agreement, which provides for a $500 million revolving line of credit, with a $75 million letter of credit limit. The new credit agreement has a maturity date of March 16,