date:Oct 18, 2012
PepsiCo, Inc. today reported a decline in third quarter net revenue of 5 percent, reflecting a negative 5-percentage-point impact from previously announced structural changes (primarily beverage refranchisings in China and Mexico), and a negative 5-percentage-point impact from foreign exchange translation. Excluding these items, third quarter netrevenue grew 5 percent on an organic basis.
Reported EPS was $1.21 and core EPS was $1.20. Management reaffirmed both ts 2012 core constant currency ne