Global beverage titan Coca Cola (NYSE:KO) reported first-quarter earnings on Tuesday that were in line with analyst estimates. However, the company’s earnings were nothing special due to overseas businesses struggling on currency fluctuations. The bigger news of the quarter was reported by Coke’s archrival Pepsi (NYSE:PEP), which is looking to alter its business model for the better. On initial inspection however, Coke’s model still looks superior, and this was demonstrated in the most recent quarter.
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