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PepsiCo Sees Gains in Snacks, but Drops in Beverages

Consumers are still reaching for big-name comfort foods as PepsiCo’s Frito-Lay and Quaker divisions both saw increased sales for the quarter ending June 13. Revenue for Frito-Lay North America climbed 7%, while Quaker Foods North America rose 23%. But with sports stadiums closed and fewer people visiting restaurants and convenience stores, PepsiCo’s North American beverage…
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