Market News / Story
PepsiCo sees stronger results globally than in North America
Seeking Alpha ·
Seeking Alpha reports: PepsiCo traded slightly higher in early investor reaction to the company's fiscal third-quarter earnings report. Revenue was up 5.6% year-over-year to $25.3B. Organic sales rose 3.1% during the quarter to beat the consensus expectation for a rise of 2.9%. Organic sales growth was led by a 9% increase for the Europe, Middle East, and Africa segment, while the PepsiCo Foods North America segment saw flat sales as the turnaround in the company's home region faltered.…