date:Jul 27, 2012
ved,Nooyi said today.
While the push is on premium and value, the middle segment must not be forgotten, she said.
Our challenge is to find the right strategy to compete with value without impacting the middle brands,she added.
Quaker Foods North America (QFNA) saw a dip of 7% in its core constant currency operating profits due to higher commodity cost inflation, partially offset by productivity initiatives, PepsiCo said.
PepsiCo said that results were in line with expectations and indicated