July 25, 2012 / 11:13 AM / 5 years ago

PepsiCo 2nd-qtr net profit falls

July 25 (Reuters) - PepsiCo Inc reported lower quarterly net profit on Wednesday, hurt by the stronger U.S. dollar and increased pension expense.

The maker of Diet Pepsi, Frito-Lay snacks and Tropicana orange juice said net income was $1.49 billion, or 94 cents per share, down from $1.89 billion, or $1.17 per share, a year earlier.

Revenue fell 2 percent to $16.5 billion.

Reporting By Martinne Geller in New York; Editing by Gerald E. McCormick

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