date:Jul 25, 2013
pendent distributors.
PepsiCo said it would give an update on its strategy early next year, declining to push it forward because of pressure from Peltz.
Strength In Food
Net income rose to $2.01 billion, or $1.28 a share, in PepsiCo's second quarter ended on June 15, from $1.49 billion, or 94 cents, a year earlier.
Excluding items such as restructuring and integration charges, earnings came in at $1.31 a share. On that basis, analysts on average had expected $1.19 a share, according to Thoms