. >> hugh johnston, thank you for joining us vice chairman and cfo of pepsico. >> thank you. >> moreood and beverage online, less bironi suits. >> $2,000 but not my size. saving of $100. >> sarah, thank you for bringing that. >> thanks, guys. >>> jim's mad dash as we count down to the opening bell one more look at futures before th at i put everything into my business. and i had all these points from my chase ink card. so i bought ingredients, utensils, even made custom donut cutters. wow! all with points. that's how i created the ripple: the doughnut in a doughnut in a doughnut. suddenly it's everywhere. i mean, it really took off. what will you create with your points? learn more about the ink business preferred card. >>> that's a look at snap now below day one where the stock opened we'll talk about whether this sends a bad signal to ipos in the offing, with jim, of course, enco back. mad dash, opening bell right after this (baby crying) (slow jazz music) ♪ fly me to the moon ♪ and let me play (bell ring) >>> a mad dash before weget to the opening bell, jim. >> an obituary comes o

we'll talk to cfo hugh johnston, in the 9:00 hour. >> that's good yeah, i'm in touch with the companylked about -- i mentioned to one of their people that, you know, i see pepsi and i see a big bag of doritos because i'm on the scarsdale diet right now, so i'm like -- >> do you like the blue bag or the red bag? >> i'll take either. i'll take anything that ends in "tos" right now. >> i like the cool ranch. >> across the line >> cheetos. >> anything. tostitos and the gentleman said to me that we have much healthier things to send you, like sabra hummus i said no thanks on that that be a big no smart food delight i've tasted that smart food popcorn. it tastes like you're eating the packaging material that people send -- >> i like the original. >> not harvest and i said, do me a favor, send me a big bag of chili cheese fritos. >> which they do also. >> have you had them >> i haven't. >> you haven't had chili cheese fritos >> no, i haven't what kind of a junk freak are you? >> you know what they don't have, sara, skyline chili cheese fritos, which is an idea, since all these places are bra

trade numbers at 10:00 eastern pepsico reports earnings before the open and we'll talk with cfo hugh johnstonfirst on cnbc interview at 9:10 eastern on "squawk on the street. what are we looking for on pepsi numbers? >> with pepsi, the neilsen data, which tracks sort of the consumer products data over the quarter or so, points to a softening in the beverage business look for frito-lay north america, the snacks business, which really has been driving the growth at this company, to keep doing so and do the heavy lifting in this quarter. pepsi has outperformed some of the other packaged food giants, just in terms of a sluggish period over the last few years it's had better organic revenue growth, but like so many of the others, it's also dealing with foreign exchange headwinds and with this so-called change in the way we shop around groceries, going around the perimeter of the store to fresher foods. pepsi's been doing a good job at offering healthier snacks and enticing consumers they need to continue to do so it's been a key goal of indra newy, and she continues to lead this company we'll see

the company's chief executive officer hugh johnston appeared on squawk with his thoughts on what lednings beat. >> running about 8.5% of our revenues are coming from products over the last -- introduced within the last three years and those products are typically not big on the volume side they typically are more premium oriented, and as a result we're getting higher dollars per ounce or per pound and that's why you see a bit of the muthed volume growth relative to the revenue growth. >> is it time to get in or out of those soda stocks joining us for a bull-bear debate is a senior research analyst at cowan and company and nick mody from rbc capital markets. >> vivian, what do you say >> you're the bull >> i am the bull we have an outperform rating on pepsi. the preferred name in the group relative to coke and dr. pepper diversified model.we like their our thesisn the soda category more broadly, which is not that popular with the manufacturers over the last three years is soda is the new cigarette. we think it's categorically fundamentally structured >> and you're the bull >> i am. pe