Coca-Cola's stock draws positive attention, anticipating market share gains from rival PepsiCo's beverage division struggles. PepsiCo's latest earnings report revealed a trimmed full-year profit forecast. The company also acknowledged underperformance in its North American carbonated soft drink business.
An RBC Capital Markets analyst noted PepsiCo's beverage business continues to yield market share to Coca-Cola and Keurig Dr Pepper. Coca-Cola demonstrates strong performance. The company reported robust volume growth and raised its guidance in recent quarters.