Processing, fries, chips, Trade/Markets/Prices

US: Pepsi says new potato chip product will bring higher profit

PepsiCo raised its forecast for the year and said its new Lay’s potato chips — including a cappuccino variety — should help boost its profit in the months ahead. The company, which also owns Tropicana, Gatorade and Quaker, said global volume for both its snacks and drinks rose one per cent in the second quarter. In its Frito-Lay North America division, PepsiCo said lower prices helped lift sales volume.

Source: thechronicleherald.ca

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