Cott Corp. (COT) Misses Q2 EPS by 1c, Chairman David Gibbons to Retire

Cott Corp. (NYSE: COT) reported Q2 EPS of $0.09, $0.01 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $603.6 million versus the consensus estimate of $603.68 million.

SENIOR LEADERSHIP CHANGES

Cott today announced the following senior leadership changes which are the culmination of the Board's thorough leadership succession plan that capitalized on the strength of the Cott Corporation management team:

• David Gibbons will retire from his position as director and Chairman of the Company's Board of Directors (the "Board"), effective as of the last day of fiscal 2018.
• Effective as of the beginning of fiscal 2019, Jerry Fowden will transition from his role as Chief Executive Officer to the newly created position of Executive Chairman of the Board.
• Thomas J. Harrington will be promoted to serve as the Company's Chief Executive Officer and will be appointed to serve on the Board, effective as of the beginning of fiscal 2019.

For earnings history and earnings-related data on Cott Corp. (COT) click here.

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