Having a new state-of-the-art plant is encouraging, but it does not ensure that Cott will do a better job of managing its entire plant operations.
With six consecutive quarterly earnings misses and a 2006 forecast to be a transition year, management has much to prove.
Brazil has been a disaster from the get-go. It's not a surprise they sold it, and it's not a surprise they didn't get much for it.
This a cash machine that is sharing the wealth. That's an important catalyst for long-term growth.
It's not surprising on two fronts. One, that they sold it, and two, that it's not worth much.
It's too early to assess where we are in the turnaround. Revenue is down and we want to see them rise at some point.
It's becoming an alternative to grocery stores and department stores in a lot of ways. It's quite impressive.
It was a positive quarter, with everything in line in terms of their guidelines and our expectations that they would raise their dividend.
It's not a surprise that the business was sold and it's not a surprise they didn't receive much for it. It was a total disaster moving into Brazil, we've always believed that, and it was a disaster getting out, and they're still not out because they have 15 per cent of the company.
Imported and non-native brands are becoming an increasingly important part of the marketplace.