1420 ET - Societies are becoming more multicultural, which PepsiCo sees as an opportunity to increase sales. The snacks and soda maker previously limited certain brands to specific countries and regions in which they were most relevant, but now the company is able to sell most of its brands worldwide, CEO Ramon Laguarta says at the Consumer Analyst Group of New York conference. For example, Kurkure--a brand of spiced, crunchy puffcorn snacks that has been one of PepsiCo's best-selling products in India--is starting to gain traction in the U.S. and Canada, he says. The company is also selling several of its products that were previously exclusive to Mexico in the U.S. now. "At the same time, we're premiumizing the portfolio," Laguarta says. (connor.hart@wsj.com)
(END) Dow Jones Newswires
February 19, 2025 14:20 ET (19:20 GMT)
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