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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 said Wednesday it plans to close four U.S. bottling plants and lay off nearly 400 workers as part of its efforts to streamline its operations. PepsiCo confirmed that closure earlier this week.
PepsiCo said Tuesday that it’s buying Mexican American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years.. Like many food companies ...
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 ...
For the three months ended Dec. 30, PepsiCo earned $1.3 billion, or 94 cents per share. PepsiCo profit gets a bump as charges fade, but sales slip after repeated price hikes Skip to main content
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.
Here's what PepsiCo reported, compared to what Wall Street expected, per Bloomberg consensus data: Adjusted earnings per share: $2.31, versus $2.30 expected Revenue: $23.3 billion, compared to $23 ...
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 ...
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