1 hour, 11 minutes ago NEW YORK (Reuters) - PepsiCo Inc (PEP.N) reported a quarterly profit that missed Wall Street expectations, hurt by disappointing U.S. soft drink sales.The maker of Pepsi-Cola drinks, Frito-Lay snacks and Quaker foods also said on Tuesday that it would cut 3,300 jobs, or roughly 1.8 percent of its work force, as part of a plan to save more than $1.2 billion over three years.
Net income fell to $1.58 billion, or 99 cents per share, in the third quarter ended on September 6 from $1.74 billion, or $1.06 per share, a year earlier.
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