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PepsiCo's third quarter sales and earnings slightly beat Wall Street expectations
Yahoo Financeยท 2025-10-09 10:11
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 ...