May 23/Purchase, N.Y./The Wall Street Journal -- PepsiCo Inc. said it plans more price increases on its products this summer, but not enough to offset rising commodity costs amid a still-fragile consumer recovery.
The renewed price push comes after PepsiCo reported North American sales volume of its snacks and beverages rose 2% in the first quarter from a year earlier, despite a continued downturn at its smaller Quaker foods unit.