Pepsico may sell its Wilson Sporting Goods unit.
- Share via
The Purchase, N.Y.-based soft-drink maker said it is studying the feasibility of selling the unprofitable unit, which accounted for $248 million of Pepsico Inc.’s total 1984 revenue of $7.7 billion. Wilson, however, operated at a greater loss in 1984 than the year before. Pepsico said the possible divestiture, combined with its previously announced plans to withdraw from the transportation business, would allow the company to concentrate on its beverage, snack food and food-services businesses.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.