Pepsi Proves Again Why It's a Better Stock Than Coke

During a pandemic-ridden period, Pepsi's performance slipped from a year ago but still topped the analyst mark. Profits fell as COVID-19 led to additional expenses, and Pepsi's performance was challenged in beverages. CEO Ramon Laguarta said: "Despite being faced with significant challenges and complexities as a result of the COVID-19 pandemic, our businesses performed relatively well during the quarter, with a notable level of resiliency in our global snacks and foods business."