Zacks Industry Outlook Highlights The Coca-Cola, PepsiCo, Fomento Economico Mexicano, Monster Beverage and Keurig Dr Pepper

About this update from Fomento Economico Mexicano Sab De Cv Units Cons. Of 5 Shsb

For Immediate ReleaseChicago, IL – September 8, 2023 – Today, Zacks Equity Research discusses The Coca-Cola Co. KO, PepsiCo Inc. PEP, Fomento Economico Mexicano FMX, Monster Beverage Corp. MNST and Keurig Dr Pepper KDP.Industry: Soft DrinksLink: https://www.zacks.com/commentary/2145835/5-sturdy-soft-drink-stocks-to-watch-as-the-industry-paces-upThe Zacks Beverages – Soft Drinks industry has been reaping the gains of the pricing strategy adopted by most players to overcome cost woes, along with market share gains and continued innovation. Accelerating digital investments also bodes well. Companies are expected to gain from expansion into newer categories and adjacent categories, including capturing market share in the Ready-to-Drink ("RTD") alcoholic beverage category through collaborations. Players like The Coca-Cola Co., PepsiCo Inc., Fomento Economico Mexicano, Monster Beverage Corp. and Keurig Dr Pepper are well-poised on robust innovation efforts.However, industry players are witnessing continued pressure from higher supply-chain costs, including transportation and commodity costs, particularly steel and aluminum. The companies' actions, including price increases, reducing reliance on imported cans and moving production closer to markets, are poised to combat these headwinds. Elevated operating expenses related to increased spending on marketing and advertising to capture a share are likely to strain margins in the near term.About the IndustryThe Zacks Beverages - Soft drinks industry comprises companies that manufacture, source, develop, market and sell non-alcoholic beverages. Soft drinks mainly include sparkling drinks, natural juices, enhanced water, sports and energy drinks, dairy, RTD tea and coffee beverages. Some industry players like PepsiCo produce and sell handy food with flavored snacks, complementing their beverage portfolio. The companies sell products through a network of wholesalers and retailers, including supermarkets, department stores, mass merchandisers, club stores and other retail outlets. Some also offer products via company-owned or controlled bottling, independent bottling partners and partner brand owners.What's Shaping the Future of the Beverages - Soft Drinks Industry?Innovation & Digital Growth: The soft drinks industry is poised to gain from innovations and accelerating digital investments. The companies have been optimi...

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