PepsiCo's profit beats Wall Street expectations, lifted by higher prices for snacks, drinks

  • by: CANDICE CHOI , AP Food Industry Writer
  • Updated: July 24, 2013 - 5:05 PM

NEW YORK — PepsiCo Inc. reported a better-than-expected quarterly profit on Wednesday and said its mixed portfolio played a role, underscoring its resistance to splitting up its drinks and snacks businesses.

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