Snacks give PepsiCo smoother ride in Q1 than Coca-Cola

|About: PepsiCo Inc. (PEP)|By:, SA News Editor

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%