Plano, Texas-based Dr Pepper Snapple Group (DPS) announced that reported net sales were up for the fourth quarter as well as the year. "I'm proud of our teams and the strong performance they delivered in 2016. In a continuously competitive environment, we remained focused on our integrated communication and execution strategies and unlocked growth across our priority brands," said Larry Young, president and chief executive officer of DPS, in a statement. "We recently completed our acquisition of Bai, which will strengthen our priority brand portfolio and bring exciting innovation opportunities to the company. We also remained relentlessly focused on driving growth and productivity across our business with Rapid Continuous Improvement."
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