PepsiCo lessens its reliance on fizzy drinks as ‘guilt free products’ now account for 45% of revenue
By Seb Joseph
Relying on colas to drive sales is a thing of the past for PepsiCo, which now sees less than a quarter of its global sales come from fizzy drinks and nearly half come from healthier products.
Chief executive Indra Nooyi made the claim on the company’s quarterly earnings call earlier today (18 April), taking time to outline just how little the company now depends on a fizzy drinks category that has become hard to grow.
Just 12 per cent of its revenues come from Pepsi and less than 25 per cent come from carbonated soft drinks worldwide. Such is the Read full story ›
Source: The Drum




