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But in 2023, both Pepsi and Dr Pepper enjoyed an 8.3% market share. For its part, Coca-Cola sits safely out in front with a 19.2% market share. Here's what this means and doesn't mean for investors.
As of February of 2023, Coca-Cola had a market cap of $256.10 billion whereas Pepsi had a market cap of $241.72 billion. These projections fluctuate. These projections fluctuate. Coke vs Pepsi ...
2023 Guidance. Core EPS: +8% to about $7.20 vs. $7.28 exp. PepsiCo stock was up more than 1% in Thursday afternoon trading. And despite any recession concerns, Wall Street is staying with PepsiCo ...
Cola wars. The Cola wars are the long-time rivalry between soft drink producers The Coca-Cola Company and PepsiCo, who have engaged in mutually-targeted marketing campaigns for the direct competition between each company's product lines, especially their flagship colas, Coca-Cola and Pepsi. Beginning in the late 1970s and into the 1980s, the ...
Starry is a lemon-lime soft drink distributed by PepsiCo.Distribution began in January 2023. The brand is aimed at competing against Sprite and 7 Up.In January 2023, Starry replaced Sierra Mist as Pepsi's lemon-lime flavored drink, in part because Sierra Mist failed to gain market share in the growing category.
Pepsi’s revenue rose 10% to $22.3 billion, topping Wall Street’s projections for $21.7 billion, according to analysts polled by FactSet. PepsiCo raises 2023 profit expectations as price hikes ...
On June 6, 2002, Yum! executed a two-for-one stock split. [20] Shortly afterwards, due to Yum!'s lifetime contract with Pepsi, Long John Silver's and A&W Restaurants (which previously served Coca-Cola products) began switching to Pepsi products, with A&W Restaurants retaining A&W Root Beer from a separate deal with Dr Pepper/Seven Up (now ...
The stock is currently trading at a forward price-to-earnings (P/E) ratio of 20.4 against the implied management target for EPS above $8.23 this year. Notably, this level marks a 24% discount ...