Snack and beverage giant PepsiCo Inc. reported a 13% jump in fourth-quarter profit Wednesday, as strong sales of snacks and noncarbonated drinks offset high fuel costs and continued sluggishness in the North American soda business.
Quarterly profit totaled $1.1 billion, or 65 cents a share, up from $985 million, or 58 cents, a year earlier. Revenue jumped 15% to $10.1 billion, helped by one extra selling week compared with last year.
