PepsiCo’s decision to sell smaller cans pays off
Beverage sales rise as new packaging strategy helps company attract more consumers
09 July 2019 - 17:06
Bengaluru — PepsiCo’s quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi as well as snacks Lays and Doritos chips.
Beverage sales rose in the quarter as the company’s move from large cans to smaller ones helps it add consumers who occasionally like to “indulge” even while preferring healthier options...
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