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PepsiCo Inc (NASDAQ:PEP) shares are trading lower after the company reported worse-than-expected second-quarter FY24 revenue. The company reported second-quarter sales growth of 0.8% year-on-year ...
Despite reporting disappointing third-quarter 2024 earnings on Oct. 8, PepsiCo (NASDAQ: PEP) stock rose modestly during the session likely because investors were expecting even worse results.
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 ...
Pepsi is a carbonated soft drink with a cola flavor, manufactured by PepsiCo.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".
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 ...
Kicking off this fall’s consumer-oriented earnings reports, PepsiCo Inc (NASDAQ: PEP) reported a mixed quarterly report as snacking in North America weakened. Fiscal Third Quarter Highlights The ...
In 2023, Laguarta's total compensation from PepsiCo was $26.2 million, up 8% from the previous year and representing a CEO-to-median worker pay ratio of 648-to-1. [ 21 ] In addition to being a member of the PepsiCo Board of Directors, [ 22 ] Ramon is a director of Visa Inc. [ 23 ] He is the Co-Chair of the World Economic Forum 's Board of ...
PepsiCo has already raised prices of its sodas and snacks in recent weeks, echoing the strategy of broader packaged foods industry as rising raw material prices pinch profit margins.