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Pepsi’s revenue rose 10% to $22.3 billion, topping Wall Street’s projections for $21.7 billion, according to analysts polled by FactSet. PepsiCo raises 2023 profit expectations as price hikes ...
In 2023, Pepsi was the second most valuable soft drink brand worldwide behind Coca-Cola; [1] the two share a long-standing rivalry in what has been called the "cola wars". [2] Pepsi, originally created in 1893 by Caleb Bradham and named "Brad's Drink," was first sold in his drugstore in New Bern, North Carolina. Renamed Pepsi-Cola in 1898 due ...
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 ...
Free cash flow then bounced back strongly again in 2023. PepsiCo has increased its quarterly dividend payment almost 10-fold from $0.14 per share to $1.355 over 23 years, for a solid compound ...
Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand. They typically include four basic financial statements [1] [2] accompanied by a management ...
The retreat from corporate diversity programs widened this week as Citigroup and PepsiCo announced rollbacks of their DEI policies amid mounting scrutiny from a new administration in Washington, D ...
Pepsi Bottling Group was based in Somers, New York. On August 4, 2009, The Pepsi Bottling Group and another major Pepsi bottler, PepsiAmericas, were purchased by PepsiCo, headquartered in Purchase, New York. [3] The purchases were completed on February 26, 2010, forming a wholly owned PepsiCo subsidiary, the Pepsi Beverages Company (PBC).
USPS is a poster child of financial failure and inefficiency, thanks to its government monopoly and subsidy. ... In August 2023, ... PepsiCo CEO: Not worried about being targeted by Trump ...