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Stock impact report

Pepsico reports higher revenue in 2017 [USA TODAY]

PepsiCo, Inc. (PEP) 
Last pepsico, inc. earnings: 4/28 06:03 am Check Earnings Report
US:NYSE Investor Relations: pepsico.com/investors
Company Research Source: USA TODAY
FILE- In this Aug. 18, 2016, file photo a Pepsi truck delivers products to vendors at the Illinois State Fair in Springfield, Ill. PepsiCo serves up its latest quarterly report card Tuesday, Feb. 13, 2018. (AP Photo/Seth Perlman, File) ORG XMIT: NYJK514 (Photo: Seth Perlman, AP) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Thanks to chips and dip, Pepsico saw an uptick in revenue in 2017. The snack food and beverage giant reported a 1.2% increase in revenue for the full year, though growth was flat in the quarter that ended Dec. 30. That three month period also posted a 50 cents loss in earnings per share as compared to a 97 cent increase during that period in 2016. The loss was due in part to a $2.5 billion tax expense in the wake of the U.S. Tax Cuts and Jobs Act.     In North America, sales of dips and chips led to Frito Lay reporting a 5% spike in growth, while Quaker Foods North America saw sales of hot cereals, cereal bars, and ready to eat m Show less Read more
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