PepsiCo Reports 17% First-Quarter Earnings Per Share Increase and Ahead of the Bell: Kraft Foods.

M2 Presswire, April, 2007

M2 PRESSWIRE-26 April 2007-U.S. Equity News: PepsiCo Reports 17 First-Quarter Earnings Per Share Increase and Ahead of the Bell: Kraft Foods(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:26042007 City of Industry, CA - Consumer Goods industry alert provided by U.S. Equity News. PepsiCo (NYSE: PEP) reported a 17 increase in first-quarter earnings per share to $0.65, fueled by a 9 increase in net revenue, with each of the Company's operating divisions contributing to top-line growth.

Division operating profit increased 9, driven by the broad-based revenue gains. PepsiCo Chairman Elect and CEO Indra Nooyi said, "We're pleased with our performance for the first quarter of 2007. The business portfolio performed exceedingly well, with each of our operating divisions...