PepsiCo loses major corporate customer. Fiat Costco. Now Global Marriott.
https://finance.yahoo.com/markets/stocks/articles/marriott-coca-cola-announce-global-135547786.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACOxJwc5TBLn8TFc1UGltv_KeyahbBEI_jn1cjXczjWyrIQAsjU0Xa1_ZF2XLYz4eC6Gxz9F-O0bsdyIc-UT0EOxPjtJl4Dlj_o1Cqsgro_NBgCIs3fbS-5oryhHfu_CH3AuMbMS9eCzmtc9AXCuhl0gHMBAMz5V4G5ZBXpmF7_O
I’m not surprised. We have cut resources so much that it’s affected execution. Customers don’t needs Pepsi as much as Pepsi likes to think.
@ct To be fair, both Coke and Pepsi are quality colas. There's a difference, but for myself they've been close enough to be interchangeable. I don't drink that kind of cr-p very often anymore though.
I’m sure the BAM - chock full of ridiculously inflated COGS, bad formulas and bizzaro-world cost-to-serve numbers supported the decision to cede that business to KO
Nice job team !
marriott only has 10,000 locations so it's really a nothing burger lets move on it's just economic head winds like water off a buffalos back that can be easily offset by a few moves in Hyderabad or Santiago so it's purely just a US thing so we are good
nothing a few PowerPoint slides can't explain away
Coca Cola is a far superior beverage. Excellent decision!
Anyone is actually surprised ?