Two biggest cola producers in a new battle

April 27, 2018 - By Edwin Martin

Two biggest cola producers in a new battle

Two biggest cola producers in a new battle

For all who missed the real competition between two biggest companies Pepsi and Coca-Cola, it is a chance to see an action.

On Thursday, Pepsi has shared official report for the first financial quarter. And while there were challenges for Pepsi whole business in the USA during the previous year, Pepsi still shows growth in sales from its Pure Leaf, Kevita kombucha, LifeWTR, and Lipton departments.

Pepsi also confirmed gains in its products’ sales from Brazil, China, India, etc. It has an increase in business of Frito-Lay snacks, which is known for its Doritos company. In case, you did not know, Quaker – the name on many cereal and oatmeal packs also belongs to Pepsi and earns them good fortune.

With all their companies, Pepsi has beaten all forecasts from Wall Street analysts. Few hours after the news, its stocks went 1 percent up.

Meanwhile, Coca-Cola revealed their report two days before Pepsi. They also showed results better than it was previously expected.

It appears that for the first time in over seven years Diet Coke has finally brought an increase in sales. Coke has revealed 4 new flavors of brewage, including Feisty Cherry, Ginger Lime, and so on. And they were accepted by Millennials.

Seeing success of Coca-Cola new flavors, Pepsi is working on their own. The CEO of the company, Hugh Johnston confirms that they are trying to create something new, and the work is currently in progress.

They don’t focus on soda drinks, trying to expand horizon, like with their sparkling water.

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