- 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