date:Oct 18, 2012
d the firm to deliver $1.16 a share on revenue of $16.9 billion.
PepsiCo's Americas Beverage unit reported a 3% dip in volume following the implementation of price rises and the firm still lags behind rival Coca-Cola in terms of market share.
However, PepsiCo said that there had been no slowdown in its China business in direct contrast to Coca-Cola who said on Tuesday that it expects market conditions in the country to be challenging over the coming months.
PepsiCo backed its full-year guida