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PepsiCo raises annual revenue forecast By Reuters

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© Reuters. FILEPHOTO: Pepsi bottles are seen in Pasadena (California), USA, on July 11, 2017. REUTERS/Mario Anzuoni

PepsiCo (NASDAQ) Inc has raised its full year revenue forecast Tuesday due to the easing in pandemic restrictions increasing demand for sodas at theatres and restaurants.

According to the company, fiscal 2021’s organic revenue is expected to increase by about 8% compared to its previous forecast of a 6 percent rise.

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