Dr Pepper Snapple Sales Slip, Still Beats Expectations

Dr. Pepper Snapple Group reported a decline in fourth-quarter sales but still managed to beat Wall Street expectations. Excluding items, the soft drinks maker reported earnings of 97 cents a share, beating analyst expectations for earnings of 85 cents a share, according to Thomson Reuters. Dr Pepper acknowledged that its soda division continues to face significant headwinds as U.S. soda consumption has been on the decline. Sales volume fell by 4% -- which was partially offset by higher prices, according to the company.

Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.