PepsiCo said it expects third quarter volumes to increase by 4% to 5% for the current third quarter. The group said the total volume growth of its North American beverages operation differs from its bottlers partly because of timing differences in the quarterly reporting period and because PepsiCo’s results include the volumes sold outside of its bottling system.
US: PepsiCo stands by third quarter volume forecast
Following an announcement from the largest Pepsi bottler, Pepsi Bottling Group (PBG), that it was trimming its volume forecast for the year, the food and beverage group, PepsiCo, said third-quarter volume growth is on target at its North American beverage business.
September 5, 2002