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  • Pepsico sounded a note of optimism Thursday as it bets on consumer lifestyles returning to normal as economies reopened and more people get vaccinated.

  • The soft drinks and snacks conglomerate has fared better than its larger rival, Coca Cola when it comes to navigating through the health crisis.

  • Pepsi reported a bigger than expected jump in fourth quarter sales on Thursday, with stat home consumers stocking up on the company snacks like Tostitos and Cheetos.

  • Sales of the Gatorade sports drink were also pretty solid.

  • In order to meet a surge in demand, Pepsi last year launched a direct to consumer website that offers special flavors and specialized bundles of its top selling products.

  • Ah, move that is paying off by helping to offset the plunge in its food service business.

  • That's the unit that caters to restaurants, movie theaters and vending machines, making it the most vulnerable amid the health crisis.

Pepsico sounded a note of optimism Thursday as it bets on consumer lifestyles returning to normal as economies reopened and more people get vaccinated.

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