Pepsi Bottling Group (PBG)

 

Consumer trends with respect to the products we sell are subject to change. Consumers are seeking increased variety in their beverages, and there is a growing interest among the public regarding the ingredients in our products, the attributes of those ingredients and health and wellness issues generally. This interest has resulted in a decline in consumer demand for carbonated soft drinks and an increase in consumer demand for products associated with health and wellness, such as water, enhanced water, teas and certain other non-carbonated beverages. Consumer preferences may change due to a variety of other factors, including the aging of the general population, changes in social trends, the real or perceived impact the manufacturing of our products has on the environment, changes in consumer demographics, changes in travel, vacation or leisure activity patterns or a downturn in economic conditions. Any of these changes may reduce consumers’ demand for our products. For example, the recent downturn in economic conditions has adversely impacted sales of certain of our higher margin products, including our products sold for immediate consumption in restaurants.

 

Because we rely mainly on PepsiCo to provide us with the products we sell, if PepsiCo fails to develop innovative products and packaging that respond to consumer trends, we could be put at a competitive disadvantage in the marketplace and our business and financial results could be adversely affected. In addition, PepsiCo is under no obligation to provide us distribution rights to all of its products in all of the channels in which we operate. If we are unable to enter into agreements with PepsiCo to distribute innovative products in all of these channels or otherwise gain broad access to products that respond to consumer trends, we could be put at a competitive disadvantage in the marketplace and our business and financial results could be adversely affected.

 

 

Consumer trends with respect to the products we sell are subject
to change. Consumers are seeking increased variety in their
beverages, and there is a growing interest among the public
regarding the ingredients in our products, the attributes of
those ingredients and health and wellness issues generally. This
interest has resulted in a decline in consumer demand for
carbonated soft drinks and an increase in consumer demand for
products associated with health and wellness, such as water,
enhanced water, teas and certain other non-carbonated beverages.
Consumer preferences may change due to a variety of other
factors, including the aging of the general population, changes
in social trends, the real or perceived impact the manufacturing
of our products has on the environment, changes in consumer
demographics, changes in travel, vacation or leisure activity
patterns or a downturn in economic conditions. Any of these
changes may reduce consumers’ demand for our products. For
example, the recent downturn in economic conditions has
adversely impacted sales of certain of our higher margin
products, including our products sold for immediate consumption
in restaurants.

 

Because we rely mainly on PepsiCo to provide us with the
products we sell, if PepsiCo fails to develop innovative
products and packaging that respond to consumer trends, we could
be put at a competitive disadvantage in the marketplace and our
business and financial results could be adversely affected. In
addition, PepsiCo is under no obligation to provide us
distribution rights to all of its products in all of the
channels in which we operate. If we are unable to enter into
agreements with PepsiCo to distribute innovative products in all
of these channels or otherwise gain broad access to products
that respond to consumer trends, we could be put at a
competitive disadvantage in the marketplace and our business and
financial results could be adversely affected.

 

 

Consumer trends with respect to the products we sell are subject to change. Consumers are seeking increased variety in their beverages, and there is a growing interest among the public regarding the ingredients in our products, the attributes of those ingredients and health and wellness issues generally. This interest has resulted in a decline in consumer demand for full-calorie carbonated soft drinks and an increase in consumer demand for products associated with health and wellness, such as water, enhanced water, teas, reduced calorie carbonated soft drinks and certain other non-carbonated beverages. Consumer preferences may change due to a variety of other factors, including the aging of the general population, changes in social trends, the real or perceived impact the manufacturing of our products has on the environment, changes in consumer demographics, changes in travel, vacation or leisure activity patterns or a downturn in economic conditions. Any of these changes may reduce consumers’ demand for our products.

 

Because we rely mainly on PepsiCo to provide us with the products that we sell, if PepsiCo fails to develop innovative products that respond to these and other consumer trends, we could be put at a competitive disadvantage in the marketplace and our business and financial results could be adversely affected. In addition, PepsiCo is under no obligation to provide us distribution rights to all of its products in all of the channels in which we operate. If we are unable to enter into agreements with PepsiCo to distribute innovative products in all of these channels or otherwise gain broad access to products that respond to consumer trends, we could be put at a competitive disadvantage in the marketplace and our business and financial results could be adversely affected.

 

 

Consumer trends with respect to the products we sell are subject
to change. Consumers are seeking increased variety in their
beverages, and there is a growing interest among the public
regarding the ingredients in our products, the attributes of
those ingredients and health and wellness issues generally. This
interest has resulted in a decline in consumer demand for
full-calorie carbonated soft drinks and an increase in consumer
demand for products associated with health and wellness, such as
water, enhanced water, teas, reduced calorie carbonated soft
drinks and certain other non-carbonated beverages. Consumer
preferences may change due to a variety of other factors,
including the aging of the general population, changes in social
trends, the real or perceived impact the manufacturing of our
products has on the environment, changes in consumer
demographics, changes in travel, vacation or leisure activity
patterns or a downturn in economic conditions. Any of these
changes may reduce consumers’ demand for our products.

 

Because we rely mainly on PepsiCo to provide us with the
products that we sell, if PepsiCo fails to develop innovative
products that respond to these and other consumer trends, we
could be put at a competitive disadvantage in the marketplace
and our business and financial results could be adversely
affected. In addition, PepsiCo is under no obligation to provide
us distribution rights to all of its products in all of the
channels in which we operate. If we are unable to enter into
agreements with PepsiCo to distribute innovative products in all
of these channels or otherwise gain broad access to products
that respond to consumer trends, we could be put at a
competitive disadvantage in the marketplace and our business and
financial results could be adversely affected.