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Snack sales lift PepsiCo's organic revenue up 2.4% in Q1


Snack sales lift PepsiCo’s organic revenue up 2.4% in Q1
PepsiCo’s Frito-Lay North America unit delivered 3 percent organic revenue growth at $4.24 billion, attributed to such innovations as  Cheetos Crunch Pop Mix and Doritos 3D Crunch.
Friday, April 16, 2021 9:04 AM UTC
PepsiCo posted an organic revenue increase of 2.4 percent fuelled by strong snack sales due to consumer-centric innovations in snacks and its acquisition of South Africa’s Pioneer Foods and Chinese snack company Be & Cheery.
Organic revenue strips out the impact of foreign currency.
The pace is expected to pick in the second quarter with the accelerated return of the foodservice channel. ....

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