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Pepsi History

The Pepsi-Cola Company, headquartered in Purchase, N.Y., is the global beverage division of PepsiCo, Inc.

Pepsi-Cola was founded at the turn of the century by Caleb Bradham, a New Bern, N.C. druggist who first formulated the beverage. Today, Brand Pepsi and other Pepsi-Cola North America products – including Diet Pepsi, Pepsi-One, Mountain Dew, Slice and Mug brands – account for nearly one-third of total soft drink sales in the United States, a consumer market totaling about $56 billion. Pepsi-Cola beverages are available in about 170 countries. Pepsi-Cola North America also makes and markets ready-to-drink iced teas and coffees, respectively, via joint ventures with Lipton and Starbucks. To see all Pepsi-Cola's brands, click here.

PepsiCo, Inc. is among the most successful consumer products companies in the world, with 1998 revenues of over $22 billion and 151,000 employees. The company consists of:

Pepsi-Cola Company, the world's second-largest beverage company

Frito-Lay Company, the world's largest manufacturer and distributor of snack chips

Tropicana Products, Inc., the world's largest marketer and producer of branded juices

For investor information on PepsiCo, Inc. click here.

The original name of Pepsi-Cola was "Brad's Drink," created in the back of a pharmacy.