PepsiCo Inc. hiked its prices through the pandemic and the supply disruptions that followed, and now the beverage and snacks giant could have to reverse course with more discounts, TD Cowen analysts said Thursday in downgrading the company's shares.
'Mad Money' host Jim Cramer looks at Pepsico earnings and if they warrant the move down.
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As earnings season begins, CNBC's Jim Cramer offered insight on how to consider stock movements before a report. He used PepsiCo as an example, saying Wall Street expected weak sales figures, so the stock didn't get hit badly when it reported an earnings miss.
On Oct 8, PepsiCo ( PEP, Financial) reported its Q3 quarterly results for this year, showing a slower-than-anticipated recovery of the U.S. consumer. The snack and beverage giant scaled back its full-year outlook for organic sales growth to a "low-single-digit" increase, down from the previously projected 4%.
On October 8, 2024, PepsiCo Inc (PEP, Financial) released its 10-Q filing, providing a snapshot of the company's financial health and strategic positioning. As a global leader in snacks and beverages, PepsiCo boasts a diverse portfolio of iconic brands such as Pepsi, Gatorade, and Doritos.
Citi Research's Filippo Falorni weighs in on PepsiCo's Q3 results, how it's providing value to its customers – and if "shrinkflation" plays any part in that.
PepsiCo (PEP) released mixed third quarter results, missing on revenue ($23.32 billion versus estimates of $23.8 billion) and narrowly eeking by earnings estimates (gains of $2.31 per share versus expectations of $2.30). The soft drink and snack giant revised its 2024 full-year sales outlook following lagging North American and international sales.
Consumer spending trends are evolving. Take, for example, eating habits.
PepsiCo (PEP) executives said they're seeing a “slower” recovery of the U.S. consumer as the snack-and-drink giant turned in its latest quarterly results, one of the first major reports to arrive in the new earnings season.
In the third quarter, PepsiCo generated $23.32 billion in net revenue, a 0.6% decline from the same period a year ago and below Wall Street estimates of $23.76 billion.
BofA Securities analyst Bryan D. Spillane expresses views on PepsiCo, Inc.‘s PEP mixed third-quarter results reported on Tuesday.