(From The Daily Journal Online -- By Mary Jane Credeur and Mark Clothier)
PEPSICO INC., the world's No. 2 soft-drink maker, reported
the biggest quarterly sales gain in 3.5 years as hot weather in the U.S. spurred demand for GATORADE sports drinks and AQUAFINA waters.
Sales in the third quarter ending September 9th surged
13 percent to $8.18 billion, Purchase, New York-based PEPSI said on Thursday in a statement.
Net income fell 37 percent to $864 million, or 51 cents a share, hurt by $735 million in taxes on income and to return overseas profits to the U.S.
PepsiCo Q3 Sales Soar
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment