PepsiCo Pre-Earnings: All Eyes On Margin Expansion And Growth In Developing Markets

While Coca-Cola reported only a 2% year-over-year organic growth through the first three quarters, organic growth for PepsiCo stood at 3.5%. But this growth for PepsiCo is mainly on the back of a strong showing for its snacks business, which constitutes more than half of the company's annual revenues. Net revenues remained flat for the company through the first three quarters, with currency headwinds dragging down the figure by 2 percentage points. At the beginning of 2014, PepsiCo stated how it...