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Business Stockmarket: Gatorade powers Pepsi
The sports drink Gatorade pushed profits for PepsiCo’s second quarter by nearly 14% to £740 million – much better than
the market was expecting.
By way of contrast, sales of regular and diet Pepsi-Cola were slightly down. Total sales rose 11.7% to $8.6 billion. Outside the US market, beverage volume sales rose by 10%.