BRIEF-PepsiCo Says Will Price Through Input Cost Inflation In Developed Markets

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Oct 2 (Reuters) - PepsiCo Inc:

* CEO - CO HAD ITS HIGHEST RATE OF ORGANIC REVENUE GROWTH IN 12 QUARTERS - CONF CALL

* CEO - NORTH AMERICAN BEVERAGES PROFIT PERFORMANCE WAS IMPACTED BY INFLATION AND DOUBLE-DIGIT INCREASE IN ADVERTISING EXPENSE

* CEO - HIGHER TRANSPORTATION COSTS, COMMODITY COSTS AND INCREASE IN ADVERTISING EXPENSES EACH PRESSURED PROFIT IN THE QUARTER

* CEO - WE EXPECT RECENTLY IMPLEMENTED PRICING ACTIONS WILL IMPROVE PROFIT PERFORMANCE IN THE COMING QUARTER - CONF CALL

* CFO - WE'LL LOOK TO PRICE THROUGH INPUT COST INFLATION IN OUR DEVELOPED MARKETS - CONF CALL

* CFO - PROFIT PICTURE WILL IMPROVE IN Q4 AS A RESULT OF HIGHER PRICING - CONF CALL

* CFO - PRICING IN BEVERAGES WILL GO UP BY LOW TO MID SINGLE DIGITS - CONF CALL

* CFO ON CANNABIS BASED PRODUCTS - WE LOOK AT EVERYTHING BUT NO

PLANS AT THIS POINT TO DO ANYTHING - CONF CALL * CEO - THE ONLY THING WE'RE NOT GOING TO DO WITH STARBUCKS

IS GET INTO THE RESTAURANT BUSINESS - CONF CALL Further company coverage: