The Associated Press on MSN8d
Demand for PepsiCo snacks and drinks remained weak in North American during fourth quarterPepsiCo's snack food and beverage volumes both climbed 1% globally in the fourth quarter, with strong growth in Africa and ...
PepsiCo’s earnings topped Wall Street’s estimates, but the company’s revenue missed expectations, as drink and snack demand ...
PepsiCo's revenue fell slightly in the fourth quarter as North American consumers continued to pull back on purchases of Frito-Lay snacks and drinks. The Purchase, New York, company reported ...
But snack food and beverage sales dropped 3% in North America. Net income rose 17% to $1.5 billion. Adjusted for one-time items, PepsiCo earned $1.96. That was higher than the $1.94 analysts forecast.
PepsiCo's snack food and beverage volumes both climbed 1% globally in the fourth quarter, with strong growth in Africa and Asia. But snack food and beverage sales dropped 3% in North America.
Net revenue from Frito-Lay North America decreased 2% Y/Y, Quaker Foods North America dropped 2%, and PepsiCo Beverages North America remained flat. Latin America sales slumped 7% Y/Y, and Europe ...
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