Pepsi struggles with the strong dollar

The strong dollar is not good for US export companies. Pepsi also feels this despite its revenues have increased almost in all regions without calculating the strenghtening of the USD.

The PepsiCo Inc. reported better-than-expected quarterly profit and sales and recorded revenue growth in its U.S. beverages business for just the second time in nearly four years, helped by higher demand and an increase in prices. The company also raised its full-year adjusted earnings forecast. (portfolio.hu)