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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.
CHICAGO (Reuters) -General Electric on Tuesday completed its breakup into three companies, marking the end of the 132-year-old conglomerate that was once the most valuable U.S. corporation and a ...
PepsiAmericas, Inc. was the world's second-largest bottler of Pepsi-Cola products, under contract with product owner PepsiCo. PepsiAmericas also held contracts to produce beverages for Dr Pepper Snapple Group and smaller regional brands. PepsiAmericas had 19 bottling plants in the United States and had a presence in 11 countries in Central ...
In the early 1960s, Pepsi-Cola's product lines expanded with the creation of Diet Pepsi and purchase of Mountain Dew. [8] In 1965, the Pepsi-Cola Company merged with Frito-Lay, Inc. to become PepsiCo, Inc. At the time of its foundation, PepsiCo was incorporated under Delaware General Corporation Law and headquartered in Manhattan, New York.
Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP) are both considered stable blue chip consumer staples companies. Both stocks are also Dividend Kings, with more than 50-year streaks of annual ...
Though in the last few years, both the Coca-Cola Company (KO) and PepsiCo (PEP) have seen more competition from juice, dairy and plant-based beverages, they remain consumer staples. Coke vs. Pepsi ...
PBG sales of Pepsi-Cola beverages accounted for more than one-half of the Pepsi-Cola beverages sold in the United States and Canada and about 40 percent worldwide. PBG had the exclusive right to manufacture, sell and distribute Pepsi-Cola beverages in all or a portion of 43 states, the District of Columbia, nine Canadian provinces, Spain ...
Coca-Cola's stock-split record. On Sept. 5, 1919, Coca-Cola debuted as a public company, with shares priced at $40 per share at its IPO. Since then, the beverage giant has executed 11 stock splits.