Shares of PepsiCo (PEP 6.84%) were climbing today after the packaged food and beverage giant surprised the market with its second-quarter earnings report, beating analyst expectations. While growth was still modest, it did show the company making an improvement from the first quarter.As of 12:12 p.m. ET, the stock was up 6.8% on the news. PepsiCo gets back to growthPepsiCo stock was struggling coming into the report, so any sign that the business is moving in the right direction was enough to give the stock ...

Core Insights - PepsiCo anticipates a 70% increase in productivity savings in the second half of 2025, driven by plant closures, workforce reductions, and procurement efficiencies [1][4] - The company is focusing on productivity initiatives and brand innovation to counteract rising supply chain costs amid stagnant sales in North America [1][5] Financial Performance - For the quarter ending June 14, PepsiCo reported a net income of $1.26 billion, or 92 cents per share, down from $3.08 billion, or $2.23 per share, a year earlier, impacted by a $1.86 billion impairment charge related to its Rockstar and Be & Cheery brands [8] - Revenue for the quarter was $22.73 billion, a 1% increase from $22.5 billion a year earlier, with organic revenue rising 2.1%, led by 6% growth in international business, while North America remained flat [9] Strategic Initiatives - The company has closed two plants and several manufacturing lines to mitigate higher fixed costs, with plans to reintegrate production in North America to reduce costs [3][5] - PepsiCo is making targeted investments to boost sales, including refreshing legacy brands and expanding into health-conscious categories [6] Market Trends - The away-from-home sales segment rose at a high single-digit rate, which is seen as a focus area that is margin accretive, particularly in beverages [8] - The company is experiencing early success in relaunching brands like Simply and Tostitos, aiming to enhance the perception of its products as "real food" [7] Future Outlook - PepsiCo reaffirmed its full-year outlook for low-single-digit organic revenue growth and flat core constant currency earnings per share, while reducing its forecast for foreign exchange headwinds from 3 percentage points to 1.5 points [10] - The company plans to continue expanding its international business and accelerate initiatives to improve North American performance through portfolio innovation and cost optimization [11]

Core Insights - PepsiCo, Inc. reported strong second-quarter 2025 results with revenues and earnings per share (EPS) exceeding the Zacks Consensus Estimate, although EPS declined year over year [1][3] - The company experienced accelerated net revenue growth compared to the previous quarter, demonstrating its ability to navigate a challenging environment [1] - International momentum remained robust, while North America showed improved execution and competitiveness across key subcategories and channels [2] Financial Performance - Core EPS for Q2 was $2.12, beating the Zacks Consensus Estimate of $2.03, but reflecting a 7% decline year over year; reported EPS was 92 cents, down 59.1% year over year [3][6] - Net revenues reached $22.73 billion, a 1% increase year over year, surpassing the Zacks Consensus Estimate of $22.39 billion; unit volume declined 1.5% in convenient food and was flat in beverages [4][6] - Organic revenue growth was 2.1% in Q2, driven by a 4% increase in effective net pricing, offset by a 1.5% decline in organic volume [7] Profitability Metrics - Reported gross profit decreased 1.3% year over year to $12.4 billion, with core gross profit down 0.4% to $12.5 million; gross margins contracted [8] - Operating income fell 55.8% year over year to $1.8 billion, while core operating income declined 5.1% to $3.9 billion; operating margins contracted significantly [9] Segment Performance - Revenue growth was observed across most operating segments, with reported revenues rising 1% in PFNA, 8% in EMEA, and 3% in IB Franchise, but flat in PBNA and down 7% in LatAm Foods [11] - Organic revenues improved in most segments, with PBNA up 1%, IB Franchise up 5%, EMEA up 7%, and LatAm Foods up 6%, while PFNA saw a 2% decline [12] Financial Stability - As of Q2 2025, PepsiCo had cash and cash equivalents of $7.6 billion, long-term debt of $39.3 billion, and shareholders' equity of $18.4 billion [13] - Net cash provided by operating activities was $996 million, down from $1.3 billion year over year [13] Future Outlook - PepsiCo reaffirmed its 2025 revenue guidance, expecting low-single-digit organic revenue growth, while core constant-currency EPS outlook improved due to moderating foreign exchange headwinds [14][15] - The company anticipates core EPS to decline 1.5% year over year in 2025, with currency headwinds expected to impact revenues and core EPS by 1.5 percentage points [16] - PepsiCo plans to return $8.6 billion to shareholders in 2025, including $7.6 billion in dividends and $1 billion in share repurchases [17]

Group 1 - Coca-Cola Co's stock increased by 0.6% to $69.66 following President Trump's announcement about the use of cane sugar in beverages, although the company did not confirm this news [1] - The stock is expected to remain in focus as it prepares to report second-quarter earnings on July 22, with the options market indicating a larger-than-usual post-earnings move of 3.6% [2] - Year-to-date, Coca-Cola shares have risen by 11.9%, making it the 12th-best performer in the Dow, with support at the 200-day moving average [3] Group 2 - Analysts maintain a positive outlook on Coca-Cola, with 22 out of 23 brokerages rating it as "buy" or better, and a consensus 12-month price target of $77.91, representing a nearly 12% upside from the current price [5]

Doughlivery by Ben & Jerry’s truck From July 18-20, fans in Toronto can enjoy surprise and delight deliveries on Uber Eats via Doughlivery by Ben & Jerry’s. Toronto, July 17, 2025 (GLOBE NEWSWIRE) -- This summer, when the Toronto heat hits its peak, Ben & Jerry’s is bringing the chill - literally. To celebrate National Ice Cream Day, the iconic ice cream brand will hit the streets with the Doughlivery by Ben & Jerry’s truck, an activation offering the chance of free ice cream and a few extra-sweet surp ...

Core Insights - Starbucks Corporation (SBUX) is facing significant macroeconomic challenges, particularly a 50% U.S. tariff on Brazilian coffee imports effective August 1, which could increase the cost of goods sold by up to 3.5% and result in a 0.6% headwind to earnings [1][8] Group 1: Company Strategy and Response - In response to tariff pressures, Starbucks has established a cross-functional tariff mitigation team and is accelerating nearshoring efforts to move production out of high-tariff regions [2][8] - The company is utilizing its global procurement capabilities and a long-standing hedging program to manage commodity price volatility [2] - Starbucks has decided to maintain its pricing strategy through fiscal 2025 as part of its "Back to Starbucks" initiative, aiming to enhance customer loyalty and operational efficiency [3][8] Group 2: Competitive Landscape - Unlike Starbucks, competitors such as The J. M. Smucker Company (SJM) and Keurig Dr Pepper Inc. (KDP) have opted to increase prices to counteract rising input costs, which may introduce volume risks in a price-sensitive market [4][5] - Keurig Dr Pepper's U.S. Coffee segment reported a 12.5% decline in operating income due to green coffee inflation, while J.M. Smucker experienced a margin compression of approximately 50 basis points in its retail coffee division [4] Group 3: Financial Performance and Valuation - Starbucks shares have increased by 13.5% over the past three months, outperforming the industry average rise of 4.5% [6] - The company trades at a forward price-to-sales ratio of 2.71, which is below the industry average of 4.02 [9] - The Zacks Consensus Estimate indicates a projected decline of 25.1% in fiscal 2025 EPS, with a subsequent rise of 19.5% in 2026 [10]

better part of two years going into these numbers. I'm concerned in part about the slowdown in the company's snacking portfolio. I did speak with CEO Raone Laguarta about that and how it balances out with beverages and how he's thinking about all of it this morning.Listen, snacking is is a a great opportunity uh for growth. I think the onthe-go lifestyle for consumers will continue in the US and in many parts of the world. urbanization is a factor you know uh both uh uh couple are working so I think this is ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - Automation and software tools, including generative AI, are used, but all content is edited and authored by humans [5]

PepsiCo stock is eyeing its best day since its post-covid bouncePepsiCo Inc (NYSE:PEP) stock is 6.3% higher to trade at $143.88 this morning, after the company posted adjusted second-quarter earnings per share (EPS) of $2.12 on revenue of $22.73 billion, beating estimates of $2.02 and $22.27 billion. The results have PEP brushing off lagging U.S. sales and a smaller-than-expected annual outlook.Today's bull gap has PepsiCo stock breaking above the overhead 80-day moving average. Now on track for its best da ...

分组1 - PepsiCo reported quarterly earnings of $2.12 per share, exceeding the Zacks Consensus Estimate of $2.03 per share, but down from $2.28 per share a year ago, representing an earnings surprise of +4.43% [1] - The company posted revenues of $22.73 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.51% and showing an increase from $22.5 billion year-over-year [2] - Over the last four quarters, PepsiCo has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] 分组2 - The stock has underperformed the market, losing about 11% since the beginning of the year compared to the S&P 500's gain of 6.5% [3] - The current consensus EPS estimate for the coming quarter is $2.35 on revenues of $23.63 billion, and for the current fiscal year, it is $7.87 on revenues of $92.47 billion [7] - The Zacks Industry Rank for Beverages - Soft drinks is currently in the top 33% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] 分组3 - Ahead of the earnings release, the estimate revisions trend for PepsiCo was mixed, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Another company in the same industry, Vita Coco Company, Inc., is expected to report quarterly earnings of $0.37 per share, reflecting a year-over-year change of +15.6% [9]