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Also in 1903, he moved his Pepsi-Cola production out of his drug store and into a rented building nearby. In 1905, Bradham began selling Pepsi-Cola in six-ounce bottles (up until this time he sold Pepsi-Cola as a syrup only), and awarded two franchises to North Carolina bottlers. Bradham's Pharmacy in New Bern, North Carolina
He coined the name "Pepsi-Cola" in 1898 marketing the drink from his pharmacy in New Bern, North Carolina. As his drink gained popularity Bradham founded the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. [6] The company was incorporated under Delaware General Corporation Law in 1919.
"Pepsi-Cola hits the spot / Twelve full ounces, that's a lot / Twice as much for a nickel, too / Pepsi-Cola is the drink for you." [13] Coming at a time of economic crisis, the campaign succeeded in boosting Pepsi's status. From 1936 to 1938, Pepsi-Cola's profits doubled. [14] The stylized Pepsi-Cola wordmark used from 1951 to 1971.
For this reason, it might be surprising to suggest that companies that were only founded in 2011 and 2012 could be worth more than Pepsi and Starbucks within five years.
Pepsi is PepsiCo's most valuable brand and is sold in over 200 countries with more than 20 billion dollars in revenue per year -- but still comes in third after Coca-Cola and Diet Coke.
PEP data by YCharts.. 3. PepsiCo looks attractively priced. Over the past year, PepsiCo's stock has lagged behind the S&P 500 index and the average consumer staples company, using the Consumer ...
Pepsi was only one of scores of cola drinks when he became president, and like all the others, was making little headway against the giant Coca-Cola bottling concern. But Pepsi made $3 million in 1938, increased profits an impressive 76 percent, and saw its stock increase in value from $70 to $190 a share.
From a purely stock price point of view, PepsiCo stock trades around 9% below its 2023 highs. That puts the stock just above correction territory. But, as the chart above highlights, 25% drawdowns ...