Nor has PepsiCo been contacted by the Securities and Exchange Commission (SEC) concerning its sales to USF, PepsiCo CFO Indra Nooyi said, during a morning conference call.
The branded supplier of snack and drink products recorded a 13% increase in first-quarter profits and says it sees no reason for a change in long-term outlook for increasing volume and net revenue at mid-single-digit percentage rates.
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