date:Jul 31, 2012
Valuentum Securities, led by analyst Brian Nelson, warned in a note yesterday that PepsiCo facedfierce competitionin beverages from The Coca-Cola Company and Monster Beverage Corporation, while the negative effects of abacklash against unhealthy snackswas hitting its Frito-Lay snacks business.
During what they described as anunderwhelmingQ2 for the firm, PepsiCo Americas Beverages grew net organic revenue only 2% despite pricing that was 3.5% higher, Valuentum noted.
We suspect PepsiCo Ameri