PepsiCo Inc. on Tuesday said its quarterly profit rose a better-than-expected 13% on strong growth in its international business.
Gains overseas in sales of beverages and snacks, led by double-digit beverage volume growth in the Middle East, China, Argentina and Venezuela, and higher North American sales of non-carbonated beverages such as Aquafina and Propel fitness water offset lower sales volumes of carbonated drinks in North America.
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