India, April 16 -- Snack and beverage giant PepsiCo, Inc. (PEP) on Thursday reported that net income for the first quarter increased from last year, reflecting improved operating margins and revenue growth across all its operating segments. The performance was boosted by resilience of the International business and continued progress in North America.
The company also affirmed its core earnings, revenue growth and organic revenue growth guidance for the full-year 2026.
"An extensive commercial agenda, which includes the restaging of large global brands, innovation activity and certain affordability initiatives, is being executed well and business performance improved," said Ramon Laguarta, Chairman and CEO.
For the first quarter, net inc...