PepsiCo: Businesses have remained ‘resilient’

In prepared commentary ahead of its quarterly earnings conference call, PepsiCo said it expects its North America beverage and convenient foods businesses to remain resilient and its international markets to perform well despite continued geopolitical and economic volatility and uncertainty. PepsiCo said it remains committed to investing appropriately in its business, paying, and growing the annual dividend, selectively considering acquisitions, partnerships and divestitures.