PepsiCo Issues Correction for FY Outlook
In the news release, PepsiCo (NYSE: PEP) Reports Fourth Quarter and Full Year 2012 Results, issued Feb. 14, 2013 by PepsiCo, Inc. over PR Newswire, we are advised by the company that the last sentence in the third paragraph under "2013 Outlook" should read "within the company's long-term capital spending target of less than or equal to 5 percent of net revenue." rather than "within the company's long-term capital spending target of less than 5 percent of net revenue." as originally issued inadvertently.
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