Higher Prices, Healthier Snacks Drive PepsiCo Profit Beat | Reuters

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(Reuters) – PepsiCo Inc’s second-quarter profit topped estimates, as the company sold more higher-margin healthier foods such as baked chips and raised prices on its drinks in North America.

Revenue from the company’s North American Frito-Lay business, under which it sells snacks such as Lay’s chips, rose 3 percent in the quarter ended June 17. Sales volumes rose 1 percent and net pricing climbed 3 percent.

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Higher Prices, Healthier Snacks Drive PepsiCo Profit Beat.