In its beverage division, bottled water, Gatorade and diet soft drinks, each posted double-digit growth.

Pernod Ricard owns the distilled beverage division of the former corporation Seagram, along with many other holdings.

In 1971, a beverage division began, supplying bottled A&W products to grocery stores.

V8 Splash also declined, pulling down earnings in the company's beverage division.

He is an assistant market development manager for the beverage division of the Quaker Oats Company in Chicago.

The deal is something of a reversal for Triarc, which said in June that it would spin off part of its beverage division.

From 1978 to 1984, he was head of its beverage division.

The beverage division reported stronger results on growth in its Tropicana juice business and the addition of the Dole brands.

"The market grew tremendously," said Gerry Boycks, vice president of marketing in Lipton's beverage division.

Sales increases in the beverage divisions also helped to lift PepsiCo's performance in the quarter.