PepsiCo Q1 profits drop on one-time costs
date:Apr 27, 2012
rating profit grew 7%.
PepsiCo chairman and CEO Indra Nooyi said: Our first-quarter results reflect the strength of our brands which allowed us to implement significant pricing actions.
With disciplined pricing now in place, we're doubling our focus on the other key initiatives for 2012. Our top priorities include stepping up our brand support through increased advertising and marketing, accelerating our innovation, and driving an aggressive productivity agenda that includes a significant restru
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