April 18, 2013 / 1:15 PM / 4 years ago

BRIEF-Pepsico executive comments

1 Min Read

April 18 (Reuters) - PepsiCo Inc : * CEO says modest price increases in frito-lay North America business to widen

spread between volume and revenue * CEO says exploring structural alternatives for North American beverage

business but does not plan to discuss it until early next year * CEO says will not allow North American soda volume declines for the balance

of the year to be at the magnitude of the first quarter * CFO sees low single-digit commodity inflation in 2013 and advertising and

marketing spend growth at least in line with revenue growth

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