PepsiCo Earnings Top Expectations as Sales Rise 11%

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PepsiCo Earnings Top Expectations as Sales Rise 11%
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PepsiCo posted a nearly 11% rise in sales for the fourth quarter as higher prices for its beverages and snacks continued to offset rising costs

PepsiCo Inc. posted a nearly 11% rise in sales for the fourth quarter as higher prices for its beverages and snacks continued to offset rising costs.

The beverage maker said Thursday that it expects continued growth this year, with organic revenue, which strips out the effects of foreign-currency fluctuations, acquisitions and divestitures, projected to rise 6%. Adjusted earnings, which exclude one-time items, are expected to increase 8% in 2023Continue reading your article with

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