Daily Archives: April 18, 2019

PepsiCo hails a strong start to the year, thanks to boost from its snack business

PepsiCo Inc, on Wednesday reported sales growth of 2.5% for the first three months of the year to $12.9bn, thanks in part to strong revenue growth in its Frito-Lay North America snack business, which posted 5.47% sales rise. The company’s North American Beverages unit also helped fuel the quarterly growth with a 2.15% sales lift.

Commenting on the results, PepsiCo Chairman & CEO, Ramon Laguarta, said: “We are pleased with our results for the first quarter.