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

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Cott Reports Second Quarter 2018 Results, Declares Dividend and Announces Senior Leadership Changes

August 2, 2018 6:45 AM EDT

TORONTO and TAMPA, Florida, Aug. 2, 2018 /PRNewswire/ -- Cott Corporation (NYSE: COT; TSX: BCB) today announced its results for the second quarter ended June 30, 2018.

SECOND QUARTER 2018 HIGHLIGHTS - CONTINUING OPERATIONS

Revenue increased 4% (4% excluding the impact of foreign exchange and adjusting for the change in average cost of coffee) to $604 million compared to $581 million.  Reiterated targeted full year 2018 consolidated revenue of over $2.35 billion and full year 2018 cash flow provided by operations of approximately $235 million with capital expenditures in the range of $115 to $120 million, resulting in adjusted free cash flow of $115... More