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PepsiCo’s snack sales offset losses from soft drink decline


PepsiCo’s sales topped Wall Street forecasts in the fourth quarter, as higher demand at its snacks business that makes Doritos and Cheetos made up for a decline in sales of sugary drinks. PepsiCo on Tuesday also announced a stock buyback of up to $15 billion and a 15 percent increase in its dividend payout. The...
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Source: New York Post


15:00, February 13, 2018 Reuters

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