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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

PepsiCo Product Refresh And Wellness Push Signal Steadier Growth: Analyst

Moscow,,Russia-april,4,,2014:,Can,Of,Pepsi,Cola,On,Ice.

PepsiCo, Inc. (NASDAQ:PEP) shares rose on Friday as investors focused on its product refreshes, wellness-focused innovations, and plans for steady, sequential growth across snacks and beverages.

On Thursday, the food and beverage giant reported third-quarter adjusted earnings per share of $2.29, beating the analyst consensus estimate of $2.26.

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