PepsiCo sales rise despite cost and supply chain pressures

The Boston Beer Company and PepsiCo today announced plans to enter a business collaboration to produce HARD MTN DEW alcoholic beverage. The partnership unites Boston Beer’s world-class innovation and expertise in alcoholic beverages with one of PepsiCo’s most iconic and beloved brands.

Global beverage and snack brand PepsiCo said third-quarter sales climbed as the company expanded its offering of non-soda products including ready-to-drink coffee.