Coke & Pepsi Earnings to Lift Consumer Staples ETFs?
Soft drink bellwether Coca-Cola Company (KO) reported earnings on Oct. 21, 2025, and Zacks Rank #2 (Buy) PepsiCo Inc. (PEP) reported on October 9. Both giants came up with upbeat third-quarter 2025 earnings, auguring well for the consumer staples sector.Coca-Cola beat on both top and bottom lines before the market opened on October 21 but said demand for drinks is still soft, as quoted on CNBC. Shares surged about 4% on the day. PepsiCo shares also rallied about 8.7% after reporting earnings results on ear ...
