PepsiCo’s beverage sales hit by coronavirus lockdown

Sales of drinks at PepsiCo fell in the second quarter while snacks rose due to the coronavirus lockdown. Overall, sales fell by 3.1 per cent to US$15.95 billion for the three months to mid-June, with organic sales down 7 per cent reported for PepsiCo’s North American beverage unit. This was despite higher sales through supermarkets…

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