Cott Corp. (COT) Tops Q3 EPS by 2c; Updates on FY16 FX, FCF Outlook
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Cott Reports Third Quarter 2016 Results
November 10, 2016 7:30 AM ESTTORONTO, ON and TAMPA, FL -- (Marketwired) -- 11/10/16 -- Cott Corporation (NYSE: COT) (TSX: BCB) today announced its results for the third quarter ended October 1, 2016.
THIRD QUARTER 2016 HIGHLIGHTS
Cott completed the acquisitions of Eden Springs ("Eden") and S&D Coffee and Tea ("S&D") during the quarter, adding businesses with pro forma estimated 2016 revenues of approximately $950 million. Cott revenue during the quarter was higher by 17% (20% on a foreign exchange neutral basis) at $885 million compared to $756 million. Gross profit increased to $306... More