Subtitles section Play video Print subtitles 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.
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