Dr Pepper Snapple Group, Inc.has announced second quarter results of 2015, showing EPS of $1.14 compared to $1.06 in the prior year period.
Core EPS were $1.13, up 7%, compared to $1.06 in the prior year period. Year-to-date, the company reported earnings of $1.95 per diluted share compared to $1.84 per share in the prior year period. Core EPS were $1.94, up 8%, compared to $1.80 in the prior year period.
Reported income from operations for the quarter was $369 million, including $5 million in unrealized commodity mark-to-market gains.
Year-to-date, reported net sales increased 3%, and reported income from operations was $639 million, including $4 million of unrealized commodity mark-to-market gains.
The company now expects full-year reported net sales to be up just over 1% and core EPS to be in the $3.85 to $3.93 range. Collectively, foreign currency translation and transaction are now expected to negatively impact net sales and core EPS growth by approximately 2% and 4%, respectively.
View the full earnings release here.