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PepsiCo Reports 5 Percent Q3 Net Revenue Decline
date:Oct 18, 2012
nd global beverage net revenue on an organic basis.

Emerging and developing market net revenue declined 13 percent, primarily due to beverage refranchisings in China and Mexico. On an organic basis, emerging and developing market net revenue grew 11 percent.

While reported net revenue in AMEA and Europe declined 21 percent and 6 percent, respectively, organic net revenue grew 10 percent and 7 percent, respectively.

PAF saw balanced revenue growth driven by volume gr

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