PepsiCo Reports Second Quarter 2017 Results

Total operating profit increased 1% and operating profit margin decreased 0.2 percentage points. Operating profit growth was driven by effective net pricing, planned cost reductions across a number...

July 11, 2017

1 minute read

Total operating profit increased 1% and operating profit margin decreased 0.2 percentage points. Operating profit growth was driven by effective net pricing, planned cost reductions across a number of expense categories, net volume growth, as well as a gain associated with the sale of our minority stake in Britvic which contributed 3 percentage points to operating profit growth. These impacts were partially offset by certain operating cost increases, higher commodity costs and unfavorable foreign exchange.

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