PepsiCo Starts 2021 Off Right

Investors had modest expectations for PepsiCo's (NASDAQ: PEP) business this year, thanks to the difficult comparison with 2020's surging sales during the initial phases of the global pandemic. Organic sales edged up by 2% overall, with gains coming from both the food and beverage divisions. Organic sales jumped 8% in that period, so it should be considered a win for Pepsi to keep sales in positive territory a year later.