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PepsiCo Reports 5 Percent Q3 Net Revenue Decline
date:Oct 18, 2012
t revenue and core constant currency EPS guidance and stated that its 2012 strategic initiatives are on track.

PepsiCo is diligently executing the strategy we set forth at the start of the year, and we remain on track to achieve our full-year targets, said PepsiCo chairman and CEO Indra Nooyi. Our disciplined pricing and sustained investment in brand building drove 5 percent organic net revenue growth reflecting 1 percent organic volume growth and 4 percent effective net pricing.

We remain foc

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