beverages

Coke Buys Full Control of Bodyarmor for $5.6B
M&A

Coke Buys Full Control of Bodyarmor for $5.6B

The acquisition positions Coke to compete with No. 1 Gatorade for dominance of the $8.4 billion sports-drink market.
By Matthew Heller | November 1, 2021
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Coca-Cola Earnings Top Estimates
Investor Relations

Coca-Cola Earnings Top Estimates

Coca-Cola Zero Sugar, sparkling soft drinks, and water led in sales growth.
By William Sprouse | October 30, 2018
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Non-Fizzy Drinks Boost Coca-Cola Q4 Sales
Financial Performance

Non-Fizzy Drinks Boost Coca-Cola Q4 Sales

The beverage giant posted 6% organic revenue growth as a 2% gain in sales of waters and sports drinks helped offset flat carbonated soft drink sales.
By Matthew Heller | February 20, 2018
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PepsiCo Q2 Profit Rises 11%, Beats Estimates
Financial Performance

PepsiCo Q2 Profit Rises 11%, Beats Estimates

The company benefited from sales of higher-margin healthier foods that appeal to a population with a deepening distaste for soda.
By Matthew Heller | July 11, 2017
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Coke Beats Estimates for 7th Straight Quarter
Strategy

Coke Beats Estimates for 7th Straight Quarter

The company saw a "standout performance" in the U.S. amid higher prices for sodas and strong demand for water and sports drinks.
By Matthew Heller | October 26, 2016
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PepsiCo Beats Q3 Estimates, Raises Guidance
Financial Performance

PepsiCo Beats Q3 Estimates, Raises Guidance

The company defied analysts' forecasts of a drop in earnings as its $5 billion cost-cutting program continues to boost the bottom line.
By Matthew Heller | September 29, 2016
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Coca-Cola Femsa Buys Brazilian Bottler for $1.1B
Strategy

Coca-Cola Femsa Buys Brazilian Bottler for $1.1B

The acquisition of Vonpar will make Femsa the largest volume distributor of Coke in Brazil, with a 49% market share.
By Matthew Heller | September 23, 2016
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PepsiCo’s Sales Fall for 6th Straight Quarter
Strategy

PepsiCo’s Sales Fall for 6th Straight Quarter

The company's results were hit by the strong dollar but excluding currency impact and an impairment charge, earnings beat analysts' expectations.
By Katie Kuehner-Hebert | April 18, 2016
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