PepsiCo, Inc. (NYSE:PEP) increased its profit outlook for 2014 after releasing its third quarter 2014 financial results. The results are better than the market expectation with growth in net revenue as well as core gross margins of the company. PepsiCo announced net revenues of $17.21 billion for third quarter 2014 with an operating profit of…
PepsiCo, Inc. (PEP) Releases Pepsi True to Battle Coca-Cola Life by The Coca-Cola Company (KO)
The battle between the world’s leading soft drink companies, PepsiCo, Inc. (NYSE:PEP) and The Coca-Cola Company (NYSE:KO), isn’t about to die down. Just recently, Coco-Cola launched Coca-Cola Life in the U.S., a drink sweetened using a mid-calorie cola called stevia, and now Pepsi has announced that it will avail Pepsi True mid this month exclusively…