Laguarta said consumer trends including health and wellness, functionality, growing cultural diversity, omnichannel shopping, and increasing consumption outside the home are shaping PepsiCo’s strategy. He said PepsiCo began restaging large brands with Pepsi two years ago—updating packaging and emphasizing non-sugar offerings—and called the effort “extremely successful.”Laguarta said PepsiCo finished last year with about $94 billion in revenue and $15 billion in operating profit, supported by more than 30 br ...