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Article updated: 4/18/2013 9:19 AM

PepsiCo beats expectations but soda struggles

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PepsiCo is selling more of its snacks and drinks around the world but the maker of Frito-Lay, Gatorade and Quaker Oats is still trying to figure out how to sell more soda in the United States.

Associated Press

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PepsiCo is selling more of its snacks and drinks around the world but the maker of Frito-Lay, Gatorade and Quaker Oats is still trying to figure out how to sell more soda in the United States. The Purchase, N.Y.-based company on Thursday reported a first-quarter profit that beat Wall Street expectations as it saw strong growth in emerging markets such as China and India and benefited from a lower tax rate.
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