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Financial News: Coca-Cola beats PepsiCo

Financial News:

Coca-Cola beats PepsiCo

Coca-Cola

The Coca-Cola Company outpaced PepsiCo in the face of difficulties, although both companies had solid quarters. These are both good long-term buys.

Coca-revenue Cola's increased by 10.5%, beating the consensus by 640 basis points, while PepsiCo's revenue increased by 12.4%, beating the consensus by 416 basis points. PepsiCo's revenue was boosted by 11.9 percent organic growth and strong performance in all operational sectors, whereas Coca-growth Cola's was driven mostly by price hikes.

To be clear, they're both great drinks, and both good buys.

Photo: The Coca-Cola Company is an American multinational beverage corporation incorporated under Delaware's General Corporation Law and headquartered in Atlanta, Georgia.

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Content ID: 1644580073 Created Friday, February 11, 2022 11:47 AM UTC by Aaron Stipkovich, Updated Friday, February 11, 2022 1:00 PM UTC by Aaron Stipkovich.