In its first-quarter earnings report, PepsiCo's international business was particularly strong.

PepsiCo is committed to growing its dividend at a mid-single-digit rate.

The combined Frito-Lay North America and Quaker businesses posted a 1% volume gain in the first quarter.

PepsiCo recently reduced prices across most of its snack product lines.

PepsiCo has indicated it may raise prices at the end of the year if inflationary pressures persist.

PepsiCo hedges its commodity costs for six to nine months in advance to mitigate the impact of price spikes in inputs like oil and aluminum.

PepsiCo's first-quarter results demonstrated a better balance between sales volume and pricing.