date:Oct 18, 2013
The Frito-Lay business of PepsiCo, Inc. continued its string of positive year-over-year results, boasting a 7% gain in operating profit and a 5% increase in revenues in the third quarter ended Sept. 7.
In comments during PepsiCos third-quarter earnings call on Oct. 16, Indra Nooyi, chairman and chief executive officer for PepsiCo, elaborated on what she sees as a terrific franchise.
The business is well run, and I think the incredible way that our snacks business and beverage business works to