PepsiCo profit up, raises outlook
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PepsiCo Inc.  posted a  greater-than-expected quarterly profit on Tuesday on a lower  tax rate and higher sales of Frito-Lay snacks.
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PepsiCo Inc., the world&#39;s No. 2 soft- drink maker, said third-quarter earnings increased 35 percent, spurred by surging demand overseas.
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PepsiCo, the world's No. 2 soft drink company, said quarterly profit rose due to tax benefits and a strong performance from its Frito-Lay snack business.
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Pepsico, the world's second largest drinks firm, is upbeat on sales of its snacks and soft drinks.
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Stocks looked to open slightly higher  on Thursday as oil prices held below $50 a barrel, while  beverage company PepsiCo Inc. PEP.N posted a rise in  quarterly profit.
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PepsiCo Inc.  on Thursday  posted a rise in second-quarter profit, helped by its non-soda  portfolio including Gatorade sports drinks and Aquafina water.
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The company said quarterly profit would be higher than analystsâ estimates and it raised its full-year outlook as exchange rates and price and volume increases offset high commodity costs.
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PepsiCo Inc. PEP.N, the No. 2  soft-drink maker, on Thursday reported higher fourth-quarter  profit on volume growth, a strong pricing environment and a  favorable foreign exchange rate.
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PepsiCo Inc. PEP.N on Thursday said   quarterly profit rose a better-than-expected 14 percent,   boosted by noncarbonated beverages including Gatorade sports   drinks and Aquafina water and strong growth in international   markets such as Russia and China.
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Pepsi Bottling Group Inc.  reported higher-than-expected profit on Tuesday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up more than 4 percent.
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PepsiCo Inc. reaffirmed on Thursday  its 2007 earnings forecast of at least $3.30 per share.
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Coca-Cola Co , the world's largest maker of soft drinks, reported higher-than-expected quarterly profit on Wednesday, helped by higher sales, acquisitions and foreign exchange rates.
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PepsiCo Inc., the world&#39;s No. 2 soft- drink maker, said third-quarter earnings increased 35 percent, boosted by sales in Asia and lower taxes.
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(Corrects profit rise to 61 percent from 60 percent)  NEW YORK  - PepsiCo Inc.  posted a 61 percent rise in quarterly profit on Thursday, boosted by strength in its Frito Lay snacks business in the United States and growth abroad.
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Yum Brands Inc. (YUM.N: Quote, Profile, Research) on Tuesday said quarterly earnings rose 13 percent and raised its profit forecast for the year as strong sales at its fast-food chains helped offset a run-up in commodity costs.
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Kellogg Co. K.N, the world's  largest cereal maker, on Monday reported quarterly earnings  that exceeded Wall Street estimates and raised its full-year  profit outlook, helped by strong sales of new products and a  weaker U.S. dollar.
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H.J. Heinz Co.  posted higher quarterly profit on Friday, helped by new products, the weak dollar and increased marketing.