India, Oct. 8 -- PepsiCo is struggling to improve growth and profits in North America. The company said on Thursday that its recovery in the region is taking longer than expected, as demand for its snacks and drinks remains weak.

PepsiCo CFO Steve Schmitt said the company is still focused on improving growth and its core operating margin in North America, but the recovery is taking more time than planned.

The company plans more cost cuts to deal with the problem. PepsiCo said it will take additional steps to reduce costs in the coming months. CEO Ramon Laguarta said the new cost-cutting measures will help pay for investments aimed at increasing sales growth and reducing the impact of higher input costs.

PepsiCo is facing several pressu...