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PBG » Topics » Damian Witkowski

This excerpt taken from the PBG 8-K filed Jun 3, 2009.
Damian Witkowski - Gabelli & Co. - Analyst
 
Good morning. It's Damian Witkowski with Gabelli & Co. I am going to switch gears a little bit just going through the operating side. You talked in your press release about the CSD market environment improving. We have seen that in the first quarter, but I would assume that this has a lot to do with what you saw over the Memorial Day weekend. Can you just talk about what you are seeing in the most recent weeks in terms of volumes and pricing?
 
 
Eric Foss - Pepsi Bottling Group, Inc. - Chairman & CEO
 
Sure, Damien, it's Eric. So I think as we mentioned, the strong start specifically to the volume in North America, specifically on CSDs, that we saw the improvements in Q1 is continuing through Q2. Let me just preface by saying our quarter is not closed yet.
 
But having said that, as we look to what the current trends are and what we would expect as we close down Q2 we would expect to see CSD volumes up low single digits when all is said and done, which is a pretty encouraging development. So, anyway, we have seen that trend continue on the carbonated soft drinks front in the US.
 
 
Mary Winn Settino - Pepsi Bottling Group, Inc. - VP, IR and Public Relations
 
Operator, we will move to the next question, please.
 
 
Operator
 
Carlos Laboy.
 
 
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