PepsiCo (PEP) thinks it can find growth by creating new liquid snacks. CEO Indra Nooyi told a...

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

PepsiCo (PEP) thinks it can find growth by creating new liquid snacks. CEO Indra Nooyi told a beverage industry conference the company has a whole pipeline of products that it can "drinkify" in the lab. Reading between the lines, the exec wasn't talking as if a spinoff of the snacks business was part of the grand plan.