PepsiCo has said that the operating performance of its North America beverage division was “well below expectations” in the second quarter of 2011.

PepsiCo has said that the operating performance of its North America beverage division was "well below expectations" in the second quarter of 2011.
PepsiCo has said that the operating performance of its North America beverage division was “well below expectations” in the second quarter of 2011.