Author Topic: Pepsi Company Information  (Read 7445 times)

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Pepsi Company Information
« on: September 25, 2004, 09:21:09 AM »
Run by PepsiCo, the company also owns and operates Quaker Oats, Gatorade, Frito-Lay and Tropicana. PepsiCo is a much larger corporation than The Coca-Cola Company, even if Coke still outsells Pepsi in almost all areas of the world. It is traded on the New York Stock Exchange under the symbol PEP. The company it formed for its distribution and bottling business is the Pepsi Bottling Group, trading on the NYSE under the symbol PBG. They are both SIC 2080 (Beverage) companies._x000d_
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Until 1997, it also owned Kentucky Fried Chicken, Pizza Hut, and Taco Bell, but these fast-food restaurants were spun off into Tricon Global Restaurants, now Yum! Brands, Inc._x000d_
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South Korean Coat of Arms looks similar to the Pepsi logo, but is unrelated to it.One of the only areas of the world where Pepsi outsells Coke is the Canadian province of Quebec. Pepsi had long been the drink of Francophones and it continues to hold its dominance by relying on local Quebecois celebrities (essentially Claude Meunier, of La Petite Vie fame) to sell its product. Pepsi eventually became an offensive term, nickname, for Francophones viewed as a lower class by Anglophones in the middle of the 20th century. The term is now used as historical reference to French-English animosity. Another region where Pepsi outsells Coke is in central Appalachia in the USA.