Pepsico Tops Earnings Estimates, Beverage Business Returns To Growth On Nooyi’s Last Day As Ceo

The 16 percent surge in profits was a victory for Indra Nooyi on her last day as CEO, after years of pressure to sell or spin the company’s beverage business as its growth has lagged behind that of its Frito Lay, Tostitos and other packaged snacks.


more on cnbc.com