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PepsiCo Inc (NASDAQ:PEP) shares are trading lower in premarket on Tuesday after the company reported worse-than-expected fourth-quarter revenue. The company reported a fourth-quarter sales decline ...
The Pepsi Bottling Group, Inc. was the world's largest bottler of Pepsi-Cola beverages. PBG sales of Pepsi-Cola beverages accounted for more than one-half of the Pepsi-Cola beverages sold in the United States and Canada and about 40 percent worldwide.
PepsiCo Inc (NASDAQ:PEP) shares are trading lower after the company reported mixed third-quarter results and lowered its 2024 organic revenue guidance. The company reported a third-quarter net ...
On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas, at an offer of $23.27 – or $11.64 plus 0.223 PepsiCo shares – in exchange for each PepsiAmericas share. [1] In August 2009, PepsiCo also made an offer for Pepsi Bottling Group , the world's largest bottler of Pepsi-Cola products.
PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé. In 2023, the company's seat in Forbes Global 2000 was 82. [4] PepsiCo's flagship product, Pepsi Cola, has been engaged in a rivalry for generations with Coca-Cola; it is commonly referred to as the cola ...
PepsiCo's quarterly revenue growth — which had frequently grown by double-digits in recent years — has slowed sharply in the last few quarters. Net income fell 5% to $2.9 billion, or $2.13 per share. Adjusted for one-time items, PepsiCo earned $2.31 per share, which was higher than the $2.29 per share analysts were expecting.
PepsiCo now expects 4% organic revenue growth for the full year; previously, the company had forecast organic revenue growth of “at least” 4%. PepsiCo shares slipped 2% in morning trading ...
PepsiCo's third-quarter organic revenue rose 9%, 5-percentage points of which came from selling higher-priced products. Costs were up over 10%, driven by higher expenditure on distribution and ...