date:Jul 31, 2012
cas Beverages [PAB] will continue to struggle as it doesnt offer a very good product in the growing energy drink space, and we believe Powerade Zero is taking market share away from Gatorade,the research firm wrote.
It added that PepsiCos beverage business was tremendously important to the firms overall sales and profit mix, but warned:We think it could continue to lag the competition.
Energy drink wildcard
Discussing PepsiCos Q2 results with analysts last Wednesday, CEO Indra Nooyi admitted