Some school districts have banned soda sales on campus.
PepsiCo announced its fifth consecutive quarter of double-digit earnings growth yesterday and predicted a sixth, despite a persistent weakness in soda sales.
The company's soda sales have been lackluster, and investors have grown frustrated.
The mayor reiterated both the school policy against soda sales and his support for Black when the subject was raised after the nomination.
More broadly, Ms. Neely said that the beverage industry had taken steps to address concerns over soda sales in school.
The move came amid slumping soda sales and Coke's dissatisfaction with Lintas ads.
Investors have been eagerly anticipating the next wave of commercials, hoping it will help end the inertia in soda sales.
The district had previously banned soda sales in its elementary schools and voted to extend the ban to its middle and high schools.
Since the debt crisis began, soda sales have soared.
Money lost on soda sales has been well worth the good will, said Mr. Meeker, great-grandson of the store's founder.