PepsiCo strong on snacks

Article Abstract:

Frito-Lay, the snack arm of US soft drinks and snack giant PepsiCo, has overtaken the better known drinks division to become the more profitable business. Although Frito-Lay generates only just over half of group turnover (1998: US$22.35bn (??21.2bn)), it contributes 65% of operating profits. While PepsiCo lags far behind arch rival Coca-Cola in the soft drinks business, Frito-Lay is the undisputed leader of the global snack sector. It currently accounts for 68% of US snack sales.

United States, Sales, profits & dividends, Canned & Bottled Soft Drinks, Soft Drink Manufacturing, FOOD AND KINDRED PRODUCTS, Bottled and canned soft drinks, Soft drinks, Soft drink industry, Frito-Lay Inc.

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PepsiCo profits boosted by pizza and cola sales

Article Abstract:

PepsiCo of the US, a drinks, snacks and restaurants group, reported second quarter profit up to $487 million on sales up 11% to $7.29 billion. The beverages division saw profits rise 18%, with volume growth outside the US of 12% due to the increased demand for Pepsi Cola in emerging markets. The restaurant division saw profit up 16% to $182 million.

Fast Food Restaurants, Limited-Service Restaurants, Restaurants

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International competition has little effect on Coca-cola profits

Article Abstract:

Coca-Cola, a soft drinks company, reported second quarter net profit up 18% to $1.3 billion, on sales up 11%. Overall group sales increased 14% to $4.9 billion. The company is aiming to achieve average annual international unit volume growth of about 8-10%. Sales were up 6% by volume in the US, helped by new marketing and packaging techniques.

Coca-Cola Co. (Atlanta, Georgia), KO

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