Seeking Alpha

Snacks give PepsiCo smoother ride in Q1 than Coca-Cola

Retail analysts note that the broad sales gains PepsiCo (PEP) made in Q1 driven by its snacks business makes the beverage focus at Coca-Cola (KO) look that much more uninspiring.

The Frito-Lay North America division at PepsiCo was able to grow organic revenue by 4% during Q1 and even take a percentage point of net pricing gain amid a tough retail pricing atmosphere.

Premarket: KO -0.2%, PEP +2.4%

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Comments (1)
  • Michael Bryant
    , contributor
    Comments (6052) | Send Message
    Guess (PEP) shouldn't spinoff the snack business.
    17 Apr 2014, 08:08 AM Reply Like
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