Pepsi Executive Floats Switch to Sugar After Trump Coca-Cola Announcement

Date:

Pepsi Executive Floats Switch to Sugar After Trump Coca-Cola Announcement

Ramon Laguarta in an undated file photograph. Fabrice Coffrini/AFP via Getty Images

PepsiCo’s top executive indicated on July 17 that the company may switch Pepsi’s sweetener from high-fructose corn syrup to sugar, one day after President Donald Trump said Coca-Cola would soon be making the change.

“Same journey that we have in foods, we’re following in beverages. This is a consumer-centric strategy. We’re following the consumer,” Ramon Laguarta, PepsiCo’s CEO, told investors on a call after being asked about Trump’s announcement.

spot_imgspot_imgspot_img

Share post:

More like this
Related

California to Raise Minimum Wage to $17.40 in 2027

California Gov. Gavin Newsom speaks at a press conference...

Trump Says US to Pause Iran Strikes as Mideast Allies Reach Outline to End War

President Donald Trump said Aug. 1 that the United...

Sandwich Chain Jersey Mikes Goes Public, Falls 6 Percent in Debut

A Jersey Mike's banner adorns the New York Stock...

How Professionals Trade: Protecting Capital Before Chasing Returns

Commentary“It’s different this time.” Few phrases have cost investors...