Pepsi: Snack, Soda Consumer Resiliency Drives Growth

PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale. The soda and snack food giant on Tuesday (April 23) released earnings showing 2.3% net revenue growth, while forecasting an additional 4% for the coming year.“I would say the consumer globally, we think, is very resilient,” Ramon Laguarta, PepsiCo’s chairman and CEO, said during an earnings call.“And we see it in, as you saw, from our international business performance. And it’s basically supporte ...