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The performance of the two major Cokes hit a new low last year

 Last Update: 2022-09-16
 Source: Internet
 Author: User

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The world's two major beverage giants, Coca-Cola and PepsiCo, recently announced their 2017 "transcripts": revenue and net profit fell sharply across the board, and their performance hit a new low

And Pepsi's performance was similarly dismal

Regarding the reason for the decline in Coca-Cola's performance, Coca-Cola's announcement explained that in 2016, because the company had many changes in its business, it sold its bottling business in North America and around the world, and sold it to franchised partners, which seriously affected its performance.

But market watchers do not fully agree with this view

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