Coke, PepsiCo Report Broad Volume Gains Across International Markets
March 17, 2022
Coca-Cola and PepsiCo began to recover in 2021 from the previous year’s pandemic- stricken global beverage market. Increased mobility last year after Covid-19 lockdowns led to growth in most markets, helped by a favorable comparison. The table below shows results for selected markets as reported by Coca-Cola and PepsiCo in their respective annual regulatory filings.
PepsiCo CFO Speaks To Strategy Behind Recently Disclosed Investment
March 17, 2022
In December, PepsiCo disclosed for the first time a stake in online bulk grocery retailer Boxed. The disclosure was prompted by the start of trading for Boxed as a public company by way of a special purpose acquisition company, or SPAC. PepsiCo had first invested in the privately held Boxed ...
Red Bull was the “growth leader” among large US consumer packaged goods companies last year, according to a newly released report by IRI and Boston Consulting Group. The global energy drink maker grew...
Incoming CEO Mike Suco Stood Out as Keeper of Atlanta Flame
February 9, 2022
Coca-Cola Bottling Company United, Coca-Cola’s third largest US bottler, has named Mike Suco as the company’s eighth president and CEO in its 120-year history. Currently an SVP and chief commercial officer, Suco will succeed the retiring John Sherman as head of the Birmingham, Alabama-based bottler whose territory includes...
Considers Multipack. And 16-Oz Bottle for Eventual C-Store Push
January 25, 2022
In 2020, BD flagged a young brand called Lemon Perfect that was picked up by distribution rainmaker Big Geyser and launched with some trepidation in New York City as the pandemic swept into the US. BD checked in with founder Yanni Hufnagel this month to see how the Beechwood Capital-backed brand has done since. He said he expects ...
In an Interview, Hill Says Aluminum Can Crisis Trending in Right Direction
January 25, 2022
There has been a changing of the guard at PepsiCo’s largest independently owned US franchise bottler, Pepsi Bottling Ventures. Paul Finney has retired as president and CEO, a post he had held since...
When we cancelled our family trip to San Diego last year, I didn’t imagine that we might have to consider postponing again this year. Yet here we are, facing a new Covid-19 variant. We aren’t cancelling our trip, though. We fly out Monday. Experts guided us all that this pandemic would present ups and downs. They said variants of Covid could turn the virus into an annual consideration like the flu. This is becoming the reality. As we watch the spread of Omicron, experts see evidence in South Africa that the variant isn’t hitting people as hard, as measured by the number ...
Beverage Recovery Continued as KO, PEP Reported Q3 Gains in Most Global Markets
December 17, 2021
Third-quarter global beverage volumes grew in most global markets reported by Coca-Cola and PepsiCo, according to regulatory filings. That marks two consecutive quarters of widespread quarter-over-quarter volume sales growth internationally for the companies as countries recover from...