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PepsiCo Earnings Up, But Company Still Struggles

  • CNBC, Friday, April 27, 2018 8 AM

PepsiCo reported first-quarter earnings that topped analysts' estimates, but its core North American beverage business continues to struggle. "North American beverages sector continues to work through some challenges," CEO Indra Nooyi told analysts. Pepsi plans to step up spending on its trademark cola, and improve brand communications as it launches its Pepsi Generations ad campaign.

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