date:Apr 21, 2014
ter ended March 22, net income increased 13% to $1,227 million, equal to 79c per share on the common stock, which compared with $1,085 million, or 69c per share, in the prior-year period.
Net revenue remained relatively flat at $12,623 million, compared with $12,581 million in the first quarter of the previous fiscal year.
Strength in Frito-Lay North America sales helped offset continued weakness in beverages, underscored by a 1% volume decline in carbonated soft drinks. Still, performance acr