date:Jul 24, 2014
The business is performing well right now, and as weve gotten further into the year, weve got confidence that we could take it up, Johnston said in an interview. As we look at the balance of the year, we feel we have a pretty clear pathway.
Stock Climbs
Shares of PepsiCo, which is second only to Coca-Cola Co. in the global beverage market, rose as much as 2.3 per cent to $91.25 in early trading. The stock had climbed 7.5 per cent this year, roughly in line with the Standard Poors 500 Index.