What to Expect from Nonalcoholic Beverage Companies’ Revenues
Can Investors Expect Nonalcoholic Beverage Stocks to Rebound? In the first quarter of 2018, the revenue growth of Coca-Cola (K), PepsiCo (PEP), and Monster Beverage (MNST) was -16.4%, 4.3%, and 14.7%, respectively. Coca-Cola’s reported revenue declined for the 12th straight quarter in the first quarter due to the impact of refranchising of bottling operations.