Shares of PepsiCo tumbled in Wednesday trading after the company released its latest earnings report for the third quarter. According to Chief Executive Indra Nooyi, it was a weak demand for Gatorade that played a part in the company’s beverage sales drop. Gatorade accounted for a fifth of total sales volume in the region and … Continue reading “This is How Gatorade Was to Blame for PepsiCo’s Beverage Sales Drop in North America”
Tag: gatorade
Hot Stocks
PepsiCo (PEP) Just Took A Full Stake In This Company
Back in 2013, Pepsico, Inc. bought a minority stake in KeVita. According to PepsiCo, KeVita…
November 22, 2016