PepsiCo third-quarter profit rises
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Last Updated: Wed, Oct 12, 2011 17:13 hrs
PepsiCo Inc reported higher quarterly earnings on Wednesday, helped by strong international growth and the acquisition of a Russian beverage company.
The maker of Pepsi-Cola, Lays potato chips and Quaker oatmeal said net income was $2.0 billion, or $1.25 per share, in the third quarter, up from $1.92 billion, or $1.19 per share, a year earlier.
Revenue climbed to $17.58 billion from $15.51 billion.
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