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PepsiCo Plans to Improve Its North America Business

PepsiCo Plans to Improve Its North America Business

In fiscal 1Q18, PepsiCo’s (PEP) snack food business continued to outperform its North America Beverages segment. The Frito-Lay North America segment’s reported and organic revenue grew 3.4% and 3%, respectively, in fiscal 1Q18. A higher volume, increased pricing, and innovation drove the Frito-Lay segment’s top-line growth.