International Perspective: Coca-Cola, PepsiCo 3Q Global Volumes.
Brazil Market Improves. Mixed Bag for Mexico.
November 30, 2018
Volume sales in Brazil improved for both Coca-Cola and PepsiCo during the third quarter as the country’s economy also showed signs of improvement. As the table below shows, PepsiCo’s Brazil volume fell only slightly after two quarters of double-digit percentage declines. Coca-Cola’s volume jumped +3% following a second- quarter decline. Coke posted total global volume growth of +2%, while PepsiCo posted a +2.5% gain.