date:May 27, 2013
snacks to offset a challenged beverage business, said Bonnie Herzog, managing director of beverage, tobacco convenience store research for Wells Fargo Securities.
Analysts regularly pepper top PepsiCo management with questions about splitting apart the two businesses to unlock shareholder value.
The section of Herzogs report on PepsiCo begins with the headline: PEP Snacks Continue to Support Struggling Beverage Platform.
Quoting Nielsen scanner data for the four weeks that ended May 11, He