date:Jul 24, 2014
es. Worldwide snacks volume increased 1 per cent, as did global beverage volume. The company said that its on track to deliver $1 billion in productivity savings this year.
The results outshone those of Coca-Cola Co., which reported quarterly revenue that missed analysts estimates. The Atlanta-based company is ramping up marketing spending to help reignite sales.
PepsiCos new forecast would raise annual earnings to about $4.72 from $4.37, although foreign currency effects are expected to reduc