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PepsiCo sales top estimates, boosted by breakfasts, snacking
Breakfast at home and snacking all day during covid-19 quarantines helped PepsiCo Inc.'s first-quarter sales beat estimates.
The company's first-quarter organic revenue, which excludes currency changes and acquisitions, rose 7.9%, topping Bloomberg's consensus for a 3.6% gain.
Executives said on an analyst call that