• August 2, 2010

Dr Pepper Snapple Group, Inc. reported a net sales increase of 3% (to $1.52 billion), and 1% sales volume growth, for the second quarter of 2010.

Operating profits across segments were up 5%, and diluted earnings per share were $0.74, compared to $0.62 in Q2 2009.

Second quarter revenue included $9 million of the $900 million received as a one-time cash payment from new distribution licensing agreements with PepsiCo.  The payment, recorded as deferred revenue, will be reported in increments as net sales over 25 years.

Year-to-date, net sales were up 1%, and sales volume was down 1%. Operating profits across all segments were up 3%. Diluted earnings per share were $1.09, versus $1.14 for the first two quarters of 2009.