Last C$8.04 CAD
Change Today -0.07 / -0.86%
Volume 248.0K
As of 4:00 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

cott corporation (BCB) Snapshot

Open
C$8.06
Previous Close
C$8.11
Day High
C$8.07
Day Low
C$7.98
52 Week High
03/28/14 - C$9.45
52 Week Low
07/30/14 - C$7.19
Market Cap
753.4M
Average Volume 10 Days
215.5K
EPS TTM
C$0.13
Shares Outstanding
93.7M
EX-Date
08/26/14
P/E TM
54.7x
Dividend
C$0.24
Dividend Yield
3.13%
Current Stock Chart for COTT CORPORATION (BCB)

cott corporation (BCB) Related Bloomberg News

View More Bloomberg News

cott corporation (BCB) Related Businessweek News

No Related Businessweek News Found

cott corporation (BCB) Details

Cott Corporation, together with its subsidiaries, produces beverages on behalf of retailers, brand owners, and distributors worldwide. It produces various private label beverages, including carbonated soft drinks, juice and juice-based products, flavored waters, energy drinks, sports products, new age beverages, and ready-to-drink teas, as well as alcoholic beverages for brand owners. The company offers its products under various retailer brands, which include Cott and Red Rain brands in the United States, Canada, and the United Kingdom; Stars & Stripes, Vess, Vintage, So Clear, Shanstar, Harvest Classic, Chadwick Bay, Exact, and Golden Crown brands in the United States; Emerge, Red Rooster, MacB, Carters, Calypso, Mr. Freeze, Jubbly, and Ben Shaws brands in the United Kingdom; Stars & Stripes brand in Mexico; and RC brand name in approximately 120 countries and territories outside of North America. It also provides contract manufacturing services. The company’s customers include grocery, mass-merchandise, drugstore, wholesale, and convenience store chains. Cott Corporation was founded in 1955 and is based in Mississauga, Canada.

3,966 Employees
Last Reported Date: 02/24/14
Founded in 1955

cott corporation (BCB) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $796.9K
Chief Financial Officer and Vice President
Total Annual Compensation: $413.7K
President of U.S. Business Unit
Total Annual Compensation: $363.6K
Vice President, General Counsel and Secretary
Total Annual Compensation: $330.4K
Chief Procurement Officer
Total Annual Compensation: $262.1K
Compensation as of Fiscal Year 2013.

cott corporation (BCB) Key Developments

Cott Corporation Presents at Barclays Capital Back-to-School Consumer Conference 2014, Sep-03-2014 03:45 PM

Cott Corporation Presents at Barclays Capital Back-to-School Consumer Conference 2014, Sep-03-2014 03:45 PM. Venue: InterContinental Hotel, Boston, Massachusetts, United States.

Cott Corporation Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 28, 2014; Reports Asset Impairments for the Second Quarter Ended June 28, 2014; Provides Earnings Guidance for the Year 2014; Provides Interest Cost Guidance for the Year 2015

Cott Corporation announced unaudited consolidated financial results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported revenue, net of $550.9 million against $563.8 million a year ago. The revenue decline was due primarily to an overall product mix shift into contract manufacturing (the revenue associated with contract manufacturing does not include a charge for ingredients and packaging as the customer provides these commodities and also bears the risk of commodity cost increases) and the competitive pricing environment. Operating income was $26.1 million against $32.6 million a year ago. Loss before income taxes was $2.1 million against income before income taxes of $19.8 million a year ago. Net loss attributed to company was $6.0 million or $0.06 per diluted share against net income attributed to company of $16.5 million or $0.17 per diluted share a year ago. Net cash provided by operating activities was $29.6 million against $34.1 million a year ago. Additions to property, plant & equipment were $11.8 million against $14.6 million a year ago. Additions to intangibles and other assets were $1.3 million against $1.7 million a year ago. Adjusted EBITDA was $55.5 million against $60.7 million a year ago. The reduction in adjusted EBITDA was due primarily to the increase in SG&A expenses, the general market deterioration in the private label North American CSD category and increased freight costs primarily from internal transfers associated with the initial start-up and expansion of contract manufacturing volumes, offset in part by a product mix shift into higher margin products. Adjusted net income attributed to company was $16.5 million or $0.17 per diluted share against $19.5 million or $0.20 per diluted share a year ago. Adjusted free cash flow increased to $34.2 million compared to $19.5 million a year ago. For the six months, the company reported revenue, net of $1,026.0 million against $1,069.2 million a year ago. Operating income was $30.2 million against $47.7 million a year ago. Loss before income taxes was $5.5 million against income before income taxes of $21.3 million a year ago. Net loss attributed to company was $9.9 million or $0.11 per diluted share against net income attributed to company of $16.5 million or $0.17 per diluted share a year ago. Net cash used in operating activities was $22.9 million against $24.5 million a year ago. Additions to property, plant & equipment were $20.6 million against $34.5 million a year ago. Additions to intangibles and other assets were $2.8 million against $1.9 million a year ago. Adjusted EBITDA was $89.6 million against $100.8 million a year ago. Adjusted net income attributed to company was $14 million or $0.15 per diluted share against $20 million or $0.21 per diluted share a year ago. Adjusted free cash flow was $34 million excluding the $16 million in cash costs associated with the purchase of $296 million of the 2018 notes. Net debt was $565 million as on June 28, 2014. For the quarter, the company reported asset impairments of $0.3 million. For 2014, the company continues to be optimistic about delivering free cash flows consistent with prior years. Based on current debt levels, The company expects full year 2014 interest cost to be approximately $36 million and on the operations front, the company will maintain tight capital control with 2014 CapEx in the $50 million to $55 million range. For 2015, the company expects interest cost to be approximately $34 million.

Cott Declares Announces Quarterly Dividend, Payable on September 10, 2014

Cott Corporation announced that its Board of Directors declared a quarterly dividend of USD 0.06 per share on common shares. The dividend is payable in cash on September 10, 2014, to shareowners of record at the close of business on August 28, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BCB:CN C$8.04 CAD -0.07

BCB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Coca-Cola Bottling Co Consolidated $77.12 USD -0.29
Coffee Holding Co Inc $5.70 USD -0.14
National Beverage Corp $19.27 USD -0.38
Primo Water Corp $4.52 USD +0.11
7 UP Bottling Co PLC 134.00 NGN 0.00
View Industry Companies
 

Industry Analysis

BCB

Industry Average

Valuation BCB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COTT CORPORATION, please visit www.cott.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.