PepsiCo's stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America.
PepsiCo's earnings topped Wall Street's estimates, but the company's revenue missed expectations. Demand for its snacks and drinks declined in North America.
Pepsico forecast annual profit below expectations and missed quarterly revenue estimates on Tuesday, as the Frito-Lay maker faces weakening demand for its sodas and snacks in the U.S., its largest market.
The rising popularity of weight-loss drugs could further dampen appetite for snacks and sugary drinks.
This is my latest article where I provide predictions of upcoming dividend increases from companies with long-term dividend growth histories. Dividend growth investors can expect a busy February, with 19 announcements in just the first half of the month. We'll see a lot of mid-single digit percentage increases, but paint company Sherwin-Williams should announce another 10%+ annual dividend increase while Genuine Parts Company extends its streak to 69 years.
The latest trading day saw PepsiCo (PEP) settling at $150.69, representing a -0.8% change from its previous close.
PEP's Q4 results may be impacted by weak demand in North America's convenient food segment and the effects of a product recall in the QFNA division.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for PepsiCo (PEP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
In the most recent trading session, PepsiCo (PEP) closed at $150.37, indicating a +0.08% shift from the previous trading day.
PepsiCo (PEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (PEP 0.34%) for a cool $1.2 billion. The deal for Siete was announced back in October but closed this January.
PepsiCo's diversified revenue from beverages and snacks provides more stability and growth potential compared to Coca-Cola. PepsiCo is fairly valued, while Coca-Cola appears overvalued, offering a better margin of safety and upside for investors. PepsiCo's strong position in fast-growing segments like electrolytes and snacks supports better long-term growth.