Is PepsiCo (PEP - Get Report) Okay?
In 1893, Caleb Bradham first introduced Pepsi as "Brad's Drink" in North Carolina.
The soda was renamed in 1898 and--similarly to its rival, Coca-Cola (KO - Get Report) --earned part of its name from the coca leaf, which was a main ingredient in Pepsi. (Watch Share a Coke: A History of Coca-Cola)
Related. Chart of the Day 2: North America Is the Big Battleground for Pepsi and Coke
In 1922 and 1933, Coca-Cola was offered the chance to buy Pepsi and it turned down the opportunity both times.
In 1997, Pepsi spun-off its Pizza Hut, KFC and Taco Bell restaurants into the company that became YumBrands (YUM - Get Report) .
Want to learn more about PepsiCo after it released earnings Feb. 15? Head on over to Real Money where PepsiCo is Stock of the Day.
Related. Wall Street Sees Safe Stock Story for PepsiCo Under New CEO Laguarta
Related. Chart of the Day: Can Pepsi Push Past La Croix For Seltzer Sippers?
