When Coca-Cola fully took control of BodyArmor in 2021 in a $5.6 billion deal, the company announced it had a goal of it “becoming the #1 global sports drink” and toppling PepsiCo’s Gatorade from its ...

Over a 12-week period tracking period that ended on May 18, Coca-Cola (KO) saw 4.1% year-over-year sales growth vs. +1.1% for the total beverage group and a 2.4% decline for PepsiCo (PEP).