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PepsiCo realizes higher pricing as new products step up

Oct. 06, 2015 10:40 AM ETPepsiCo, Inc. (PEP) StockPEP, SODABy: Clark Schultz, SA News Editor5 Comments
  • PepsiCo (PEP +2%) CEO Indra Nooyi said during today's earnings call that the company will "step up" invention and innovation in what she called non-carb products.
  • Sidebar: Her proclamation could mean a lot or a little to SodaStream (NASDAQ:SODA) depending upon how her statement is dissected.
  • Another key point from the call was that PepsiCo was able to grow sales in North America (Frito-Lay and beverages) due to price increases. Part of the higher pricing is on new products such as the Mountain Dew Kickstart line.
  • PepsiCo earnings call webcast

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