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PepsiCo relying on sales of chips and snacks from Frito-Lay
date:May 27, 2013
A report today from a Wells Fargo analyst continues to highlight the importance of Plano-based Frito-Lay to the finances of parent company PepsiCo.

As the nations second largest soft drink maker (behind Coke) continues to try to breathe new life into the carbonated soft drinks category, soda sales continue to slip. That leaves PepsiCo, based in Purchase, N.Y. ever more reliant on the maker of Lays and Doritos.

PepsiCos negative sales trends remain a concern, as the company continues to rely on

12/23 23:33