PepsiCo reports organic revenue growth for the third quarter that missed estimates as US shoppers purchase fewer processed snacks and sugary sodas https://t.co/63CsdMl2zk ...

PepsiCo (PEP) beat Wall Street projections on both the top and bottom lines in the third quarter, but its US snacking business continues to experience turbulence. PepsiCo stock rose more than 1% in trading on Thursday. Revenue came in at $23.94 billion, slightly beating Wall Street's expectations of $23.85 billion, per Bloomberg consensus data. Adjusted earnings per share came in at $2.29, beating the expectations of $2.27. In North America, its beverage business offset an ongoing slowdown in its food ...

PepsiCo is revamping its flagship potato chip brand with the aim of satisfying both consumers and the US government https://t.co/dI1EleDlc5 ...

FILE PHOTO: Cans of Pepsi are seen at the PepsiCo Walkers factory in Leicester, Britain, August 14, 2024.PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts' expectations, as international growth offset another quarter of declining volume in North America.Here's what the company reported for its fiscal third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $2.29 adjusted vs. $2.26 expectedRevenue: $23.94 billion vs. $2 ...

PepsiCo beat Wall Street expectations for third-quarter revenue and profit on Thursday, as demand for its energy drinks, healthier sodas and snacks brands in key international markets remained steady. ...

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Steve Schmitt Appointed Executive Vice President and Chief Financial Officer Jamie Caulfield to Retire Steve Schmitt Schmitt joins PepsiCo from Walmart, where he currently serves as Executive Vice President and Chief Financial Officer for Walmart U.S., overseeing the finance function for Walmart's multi-billion-dollar omni- channel U.S. organization and leading the core financial activities of Walmart's largest business unit. Schmitt joined Walmart in 2016 and served in multiple leadership positions in the ...

U.S. stock futures fell on Thursday following Wednesday’s mixed close. Futures of major benchmark indices were lower.The AI frenzy is still in full swing. Advanced Micro Devices Inc. (NASDAQ:AMD) surged over 11%, while Micron Technology Inc. (NASDAQ:MU) gained around 6% on Wednesday. Meanwhile, the Fed minutes released on Wednesdays showed that President Donald Trump‘s trade tariffs continue to weigh on the outlook for growth and inflation, raising concerns over how long the Federal Reserve can stick with i ...

U.S. stock futures fell on Thursday following Wednesday’s mixed close. Futures of major benchmark indices were lower.The AI frenzy is still in full swing. Advanced Micro Devices Inc. (NASDAQ:AMD) surged over 11%, while Micron Technology Inc. (NASDAQ:MU) gained around 6% on Wednesday. Meanwhile, the Fed minutes released on Wednesdays showed that President Donald Trump‘s trade tariffs continue to weigh on the outlook for growth and inflation, raising concerns over how long the Federal Reserve can stick with i ...

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