PepsiCo Inc (PEP.N) reported higher quarterly earnings on Thursday, helped by a 10 percent increase in snack sales and its acquisition of a Russian beverage company. The maker of Pepsi-Cola, Frito-Lay snacks and Quaker oatmeal said net income was $1.89 billion, or $1.17 per share, in the second quarter ended on June 11, compared with $1.60 billion, or 98 cents per share, a year earlier.
PepsiCo, Inc. (PepsiCo) is a global food, snack and beverage company. Shares of PEP remained unchanged at $68.49. In the past year, the shares have traded as low as $62.05 and as high as $71.89. On average, 6288000 shares of PEP exchange hands on a given day and today's volume is recorded at 200.
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