PepsiCo stands by 2008 earnings outlook

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PepsiCo stands by 2008 earnings outlook

November 20, 2008
PepsiCo Inc reiterated its full-year 2008 earnings outlook on Thursday and said it would discuss innovation plans for 2009 for its North American beverage unit later in the day.

Pepsi, which makes Pepsi-Cola drinks, Frito-Lay snacks and Quaker foods, had previously forecast earnings of $3.67 to $3.68 a share, excluding the impact of some items.

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