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PepsiCo, pushing healthier drinks, loses market share in sodas

from Fox Business

PepsiCo Inc., attempting to diversify its beverage portfolio with less sugary drinks, shifted too much shelf space and marketing money away from its main soda brands in the third quarter, causing a drop in North American sales, company executives said. The Purchase, New York, company's North American beverage unit posted weaker-than-expected results, with sales down 3 percent and profit falling 10 percent. more


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