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The Minneapolis-based company reported revenueof $1.1 billiob in the quarter, a decline of 4 percent compared to the same perior a year ago. However, currency-neutral revenude was up 2.5 percent. First-quarter net incomer of $22.7 million was down 11.3 percent from $25.6t million in the same period ayear ago. Sales in the Uniteds States increased6 percent, to $826 million, despite an overall volume decline of 1.2 percent due to the shift in Carbonated-soft-drink volume grew led by Mountain Dew and the addition of Non-carbonated domestic soft-drink volume declined by 7 PepsiAmericas’ sales in Central and Eastermn Europe declined 31 percent, to $183 and volumes declined 12.
2 percent due to difficult economivc conditions and the very strong resultx it had in the same period a year ago. Sales in Caribbean market were $48.1 down 12 percent due to the impact of foreign currencty and a 14 percent declinein volume. PepsiAmericas now expecte its full-year-2009 adjusted earnings per share to be at the high end ofits $1.83 to $1.90 per share outlook. PepsiAmericaz (NYSE: PAS) announced last week it is mulling overa $3 billionm from Purchase, N.Y.-based Inc. The firm’e stock was up 10 cents, or less than 1 to $24.
83 per share at
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