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CEO Ramon Laguarta Just Delivered Fantastic News for PepsiCo Investors. Reuben Gregg Brewer, The Motley Fool. January 14, 2025 at 4:53 AM.
PepsiCo also posted a surprise drop in third-quarter revenue, driven in part by a 13% slump in sales at Quaker Foods, which is still reeling from the impact of product recalls earlier this year.
PepsiCo, which is overhauling some of its top brands like Lay's potato chips as shoppers look for cheaper options, is increasingly sharing data with major retailers and in return getting coveted ...
Getty Images/Joe Raedle Nelson Peltz doesn't want to wash down his Fritos with a Pepsi -- at least, not if they're both sold by the same company. His investment firm, Trian Fund Management, is a ...
A year later, PepsiCo purchased Taco Bell from founder Glen Bell. [4] In July 1986, R. J. Reynolds sold KFC to PepsiCo [4] to pay off debt from its recent purchase of Nabisco. In 1990, Hot 'n Now was acquired via Taco Bell from William Van Domelen, [5] but the company was sold in 1996. [6] In 1992, PepsiCo acquired California Pizza Kitchen.
PepsiCo's income rose 12% to $3 billion, or an adjusted $2.28 per share, for the April-June period. Wall Street had expected earnings of $2.16 per share, according to FactSet.
PepsiCo on Tuesday revised its 2024 sales outlook after its North America and international sales lagged Wall Street's expectations in the third quarter.The snack and beverage giant told investors ...
For the three months ended Dec. 30, PepsiCo earned $1.3 billion, or 94 cents per share. The food and drinks company said Friday that it expects organic revenue growth of at least 4% this year.