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Coke reformulation sells steadily amid curiosity and discounts
Coca Cola Co reports shipments to bottlers up 6 percent in May year over year aided by promotions and price cuts. Analysts see a heavy trial period over the next three to four months before sales stabilize. Some retailers note a 28 percent rise at Pathmark stores, while others see little change. PepsiCo cites a 14 percent May volume gain as competitive pressure grows.
MENTIONED IN THIS ARTICLE
Old Cola
Coca- Cola Co
Ron Coleman
Coca- Cola
Atlanta
Joe Frazzano
Oppenheimer & Co
New York
Robert Wunderle
Supermarkets General Corp
Woodbridge
N.J
Pathmark
Doug Reed
Southland Corp
Dallas
Coca-Cola
United States
Hugh Zurkuhlen
Salomon Brothers Inc
Pepsi-Cola
Roger Enrico
Pepsi- Cola USA
N.Y