PepsiCo on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, fueled by improving organic sales across its business. Demand for the company's snacks has been sluggish as consumers balk at higher prices. This year, Pepsi plans to lower prices on products from its North American food division to "improve competitiveness and the purchase frequency of our brands," executives said in prepared remarks. Productivity savings will offset the lower prices, they said.

Tag-uri: Pepsi