PepsiCo beats on third quarter earnings and ups guidance
PepsiCo (PEP) announced third quarter earnings of $1.40 a share, well above analyst estimates for earnings of $1.32. (That’s year over year earnings growth of 4%.)Revenue of $16 billion was down 1.9% year over year–although it would have been up 4.2%...Buy PepsiCo Inc (PEP)
PepsiCo knows where the growth is. Overseas. Especially in Asia. On June 24, PepsiCo (PEP) announced that it would buy 20% of Japan’s largest snack maker, Calbee Foods. That will give PepsiCo plenty of help figuring out how to sell Doritos into the idiosyncratic...Buy PepsiCo (PEP)
This company delivers like clockwork. Take operating margins: 18% in 2004, 18.2% in 2005, 18.5% in 2006, and 18.2% in 2007–even as the cost of such raw materials as corn and corn syrup soared. Part of the reason is that PepsiCo is the U.S.-based company that has...Jim’s Daily Email Alerts:
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