What we're doing is making our snacks more permissible," PepsiCo CEO Indra Nooyi said during a call with analysts. Even as major U.S. packaged food companies face growth challenges in the crowded U.S. market, higher prices or new products that cost more can still help lift sales. For the period ended March 25, PepsiCo Inc. earned $1.32 billion, or 91 cents per share. PepsiCo, based in Purchase, New York, still foresees full-year earnings of $5.09 per share, just below analyst projections for $5.14. Access a Zacks stock report on PEP at https://www.zacks.com/ap/PEP—————Keywords: PepsiCo, Earnings Report, Priority Earnings

Source: ABC News April 26, 2017 10:18 UTC