Cott Corp. (COT) Declares $0.06 Quarterly Dividend; 2.1% Yield

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Go back to Cott Corp. (COT) Declares $0.06 Quarterly Dividend; 2.1% Yield

Cott Corp. (COT) Tops Q4 EPS by 5c

February 23, 2017 6:57 AM EST

Cott Corp. (NYSE: COT) reported Q4 EPS of $0.01, $0.05 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $887 million versus the consensus estimate of $891.33 million.

Revenue was $887 million despite $24 million of foreign exchange headwinds and one less week of operations at DS Services that accounted for $13 million of revenue. Our reported revenue was higher by 27% (30% on a foreign exchange neutral basis).Gross profit increased 36% to $302 million, with gross margin as a percentage of revenue increasing to 34.0% compared to 31.6%, driven primarily by the additions of Eden Springs ("Eden")... More