PepsiCo, Inc. (PEP)
PepsiCo Q2 Earnings Were Softer Than Expected Due To Volume Pressure: Goldman Sachs
Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on the shares of PepsiCo Inc PEP with a price target of $195.
PepsiCo just admitted that snackflation might have gone too far
Rising snack prices might have finally peaked, PepsiCo's CEO said Thursday. Even high-income customers are feeling the impact from years of food inflation, Ramon Laguarta said.
PepsiCo (PEP) Q2 Earnings Beat, Soft QFNA Results Hurt Stock
PepsiCo's (PEP) Q2 results reflected improvements in the international business, offset by continued softness in the QFNA segment and soft demand in the North America convenient foods businesses.
PepsiCo (PEP) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for PepsiCo (PEP) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
PepsiCo Reports Mixed Results as Consumers 'Become More Value-Conscious'
PepsiCo (PEP) shares slipped in intraday trading Thursday after the company delivered mixed second-quarter results and lowered its full-year organic growth outlook.
Pepsi: ‘Value-Conscious' Consumers Cut Back on Snacks
PepsiCo's snack food revenues dipped during its latest quarter as consumers continued to exercise caution. The food and beverage giant released second-quarter earnings results Thursday (July 11) showing revenue growth of 1.9%, down from 13% the same quarter last year.
PepsiCo (PEP) Surpasses Q2 Earnings Estimates
PepsiCo (PEP) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $2.09 per share a year ago.
PepsiCo slips after tweaking guidance as snack sales hit by Salmonella recalls
PepsiCo Inc (NASDAQ:PEP, ETR:PEP) shares fell 2.4% premarket as it tweaked guidance after seeing "subdued" North America snack demand after Salmonella concerns and a fall in drink volumes. However, earnings for the second quarter were better than expected.
PepsiCo earnings beat estimates, but U.S. demand weakens
PepsiCo missed Wall Street's estimates for its second-quarter revenue as its three North American business units reporting declining volume. The company also gave a more cautious outlook for its full-year sales.
PepsiCo's stock falls after revenue misses expectations, amid weakness in convenient foods
Shares of PepsiCo Inc. PEP, +1.04% fell 1% in premarket trading Thursday, after the beverage and snack giant reported second-quarter profit that beat expectations but revenue that came up shy, citing weakness in North America convenient foods and the impacts of product recalls at Quaker Foods. Net income for the quarter to June 15 rose to $3.03 billion, or $2.23 a share, from $2.75 billion, or $1.99 a share, in the same period a year ago.
PepsiCo quarterly revenue misses estimates on slowing demand for snacks, sodas
PepsiCo missed expectations for second-quarter revenue on Thursday as it faced weak demand for its snacks and sodas mainly in the U.S., its largest market.
Stock of the Day: PepsiCo – How To Profit From Market Memory
“Markets have memories” is an old Wall Street expression — and it's true. It means an important price level can retain its importance for a long time.
