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Dr Pepper Snapple Group encouraged by Core 4 Ten platform Q3 performance
Dr Pepper Snapple Group continues navigating through a challenging economic climate. Despite experiencing some pressure in its carbonated soft drinks category, president and CEO Larry Young is reportedly encouraged by the performance of the company’s Core 4 TEN platform.
Reported net sales for the third quarter ended increased 1% reflecting 3 percentage points of positive mix and pricing, partially offset by a 1% sales volume decline and higher discounts.