PepsiCo: U.S.-based front-line associates to receive bonuses of up to $1,000
PepsiCo Chairman and CEO Indra Nooyi said on the company's Q4 earnings conference call that the company has a "robust" innovation pipeline for beverages in 2018. Nooyi says North America Beverages improved sequentially, but still has room to improve. She noted that PepsiCo's e-commerce business is approximately $1B in annualized sales. She expects tax reform to have positive impact on the economy overall, but still sees a "dynamic" retail landscape. Nooyi said the global economy growing, with developed markets stable and developing markets are accelerating. Nooyi also said its U.S.-based front-line associates will receive bonuses of up to $1,000 tied to U.S. tax reform. The company will also invest in global workforce training, e-commerce and digital, Nooyi added.