Rochester, NY 8/5/2009 9:19:52 PM
PBG - Pepsi and PAS Gets Back into Bottling
PEPSI BOTTLING GRP
PEPSI BOTTLING GRP, PBG
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Pepsi Bottling Group and PepsiAmericas controled 80% of Pepsi's U.S. distribution. Besides $300 million in annual cost savings, Nooyi and her team are promising the deal will deliver growth, too. That's pivotally important to Pepsi, which has been having a tough 2009.
The splashy makeover of its Tropicana and Gatorade brands seems to be lacking some fizz. Two weeks ago, the company reported a 7% revenue decline in its American Beverage business, affected by another quarterly decline in Gatorade sales.
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