US soft drinks and snack producer PepsiCo Inc has reiterated its full-year earnings and revenue forecasts.

In a regulatory filing the company said its 52-week, 2005 forecast for earnings was at least US$2.56.

PepsiCo also reiterated its forecast for cash from operating activities of about US$5.7bn and net capital spending of about US$1.6bn.

Including the impact of a 53rd week, it expects at least mid-single-digit revenue growth, about 10% division operating profit growth, and earnings of at least US$2.60 a share.

The company also expects to buy back between US$2.5bn and US$3bn of its common stock in 2005.