PepsiCo raises outlook after encouraging results

PepsiCos results for the third quarter are better than expected
PepsiCo's net profit for the third quarter

PepsiCo has raised its profit outlook for the full year on the back of better-than-expected results for the third quarter.

“Based on our year-to-date performance and our outlook for the fourth quarter, we are raising our full-year core constant currency EPS growth objective.”

Indra Nooyi, chief executive, PepsiCo