Pepsico Inc.’s profit advanced 30% to $595...
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Pepsico Inc.’s profit advanced 30% to $595 million for the year, compared to 1986. Revenue for the Purchase, N.Y., firm rose 26% to $11.49 billion. Fourth-quarter net climbed 26% to $147 million, boosted by strong performances in its worldwide snack foods and fast-food operations and its domestic soft drink business. Fourth-quarter revenue rose 14% to $3.47 billion.
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