Cola wars

PepsiCo Launches New Direct-to-Consumer Offerings to Deliver Food & Beverage Products and Meet Increased Demand Amid Pandemic

Retrieved on: 
Monday, May 11, 2020

"In these uncertain times, as more and more consumers are using eCommerce channels to purchase food and beverage products, PantryShop.com and Snacks.com offer shoppers another alternative for easy and fast access to products they love."

Key Points: 
  • "In these uncertain times, as more and more consumers are using eCommerce channels to purchase food and beverage products, PantryShop.com and Snacks.com offer shoppers another alternative for easy and fast access to products they love."
  • New items will continue to be added in the coming months as the site is customized to meet consumer preferences.
  • PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world.
  • PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana.

Coca-Cola Reports First Quarter 2020 Results; Provides Update on Business Environment Amid Coronavirus Pandemic

Retrieved on: 
Tuesday, April 21, 2020

Category cluster performance was as follows:

Key Points: 
  • Category cluster performance was as follows:
    Sparkling soft drinks declined 2% in the quarter led by a decline in Asia Pacific, primarily due to China.
  • For the quarter, trademark Coca-Cola grew 1%, led by strong performance for Coca-Cola Zero Sugar.
  • Tea and coffee volume declined 6%, driven by broad-based softness across multiple markets, as well as a decline in the doadan tea business.
  • The company is hosting a conference call with investors and analysts to discuss first quarter 2020 operating results today, April 21, 2020, at 7:30 a.m.