PepsiCo, Inc. (PEP)
Yes, I'd Still Buy PepsiCo Stock Despite Q2's Revenue Miss. Here's Why.
Part of PepsiCo's business was temporarily halted last quarter by a factory closure. The company has access to a data platform that will allow it to better address cost-conscious consumers.
These Analysts Slash Their Forecasts On PepsiCo After Weak Revenue
PepsiCo Inc PEP reported worse-than-expected second-quarter FY24 revenue on Thursday.
Consumer Staple Stock's Q2 Earnings: Key Surprises and Challenges
PepsiCo NASDAQ: PEP is one of the world's most well-known consumer staples companies. The firm reported Q2 2024 financial results on Jun. 11, 2024.
PepsiCo revenue disappoints as inflation-battered customers cut back on snack spending
PepsiCo shares fell after the company revealed the less-than-ideal projections.
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.
