October 4, 2017 Sophia Vida
Hot Stocks

This is How Gatorade Was to Blame for PepsiCo’s Beverage Sales Drop in North America

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”