Coca Cola Vs. Pepsi: Comparing Sales, Earnings & More

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The beverage giants saw soft-drink volume decline last year, with per capita consumption falling to a year low, according to trade publication Beverage-Digest. Still, total volume grew for the two companies, with their water and sports-drink brands picking up the slack.

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Bottled water beat carbonated soft drinks in sales volume for the first time, according to Beverage Marketing Corp. Atlanta-based Coca-Cola and Purchase, New York-based PepsiCo have expanded their portfolios of beverages and diversified pack sizes of carbonated drinks to appeal to increasingly health-conscious consumers.

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