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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.
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 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 ...
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'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 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 ...
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