Reported EPS was $1.09, and in constant currency the company delivered 5% net revenue growth and an 8% increase in core EPS.
Indra Nooyi, PepsiCo chairman and CEO, said: “PepsiCo’s diversified food and beverage portfolio and our advantaged business model continued to drive solid results this quarter. Our teams around the world leveraged PepsiCo’s agile go-to-market system to deliver our brands at differentiated value to consumers, who are still feeling the pinch of the global recession despite improving macroeconomic indicators.
“We will continue to make targeted investments across our entire portfolio, and we expect these to ramp up next year as we begin to realise the benefits of the integration of our two anchor bottlers. These investments in innovation, infrastructure, key markets and people development, coupled with our operating agility and focus, give me great confidence in the near- and long-term growth prospects of PepsiCo.”
Source: PepsiCo
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