Pepsico’s 57% increase in second-quarter income to...

Pepsico’s 57% increase in second-quarter income to $189 million was attributed to strong growth in the New York company’s three units and a boost from acquisitions made in 1986. Earnings in restaurant operations were up 77%, reflecting Pepsico’s acquisition of Kentucky Fried Chicken; the soft drink unit posted a 52% increase in earnings, and the snack foods unit was up 40%, due to strong margin improvements at Frito-Lay.