US: Floods hit PepsiCo, but full year guidance on track
PepsiCo has restated its FY2008 EPS guidance of US$3.72, the company said this week. The soft drinks giant added that it in comments to be made with investors in London and at The Deutsche Bank Global Consumer and Food Retail Conference in Paris, PepsiCo's chief financial officer Richard Goodman will express confidence in the company's business outlook.