BENGALURU (Reuters) - PepsiCo Inc raised its full-year earnings forecast on Tuesday, betting on surging demand for its sodas as pandemic-weary people flock to theaters, restaurants and stadiums after being stuck at home for more than a year.
The company's shares rose 2% to US$152.25 in premarket trading as the vaccine-aided reopening of public venues across the United States helped boost North America Beverage sales 24% in the second quarter.
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