PepsiCo CEO Indra Nooyi detailed her vision for growth at the start of a two-day investor meeting in New York.

Nooyi said a key priority moving forward is to restore its North American beverage business to sustainable, profitable growth, starting this year.

Regarding higher-growth emerging markets, such as China, India, Russia and Brazil, Nooyi said Pepsi plans to invest aggressively to reach leadership or competitive parity.

On a worldwide level, Nooyi said PepsiCo is targeting mid-single...


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