PepsiCo recorded a higher quarterly profit despite a small drop in revenue as volumes in its main North American segments declined.

The Turkish unit of PepsiCo Inc. subsidiary Frito-Lay was saddled with a 1.3 billion liras ($36 million) penalty after the country’s antitrust regulator concluded a probe into the division.

PepsiCo Inc (NASDAQ:PEP) shares are trading lower in premarket on Tuesday after the company reported worse-than-expected fourth-quarter revenue. The company reported a fourth-quarter sales decline of ...

Europe saw a 153% operating profit increase due to net revenue growth productivity savings and the aftermath of an impairment ...

Volumes were down in the company’s Frito-Lay and Quaker Foods segments in North America, and flat for its North American beverages business and Latin America segment. Volumes were higher in its ...