PepsiCo Boosted by International Growth as US Sales Drop [Yahoo! Finance]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: Yahoo! Finance
(Bloomberg) -- PepsiCo Inc. posted stronger-than-expected sales growth thanks to robust demand in its international divisions, while volumes dropped in North America. Most Read from Bloomberg Ray Dalio's Famous Trade Is Sputtering, Investors Bailing Apple's China iPhone Sales Dive 19% in Worst Quarter Since 2020 Trump Has Only $6.8 Million for Legal Fees With Trial Underway Zimbabwe's ZiG Wipes Out 330% Stocks Rally Elon Musk's Robotaxi Dreams Plunge Tesla Into Chaos The owner of Mountain Dew sodas and Frito-Lay chips said that net revenue in the first quarter rose 2.7%, beating the average analyst estimate of 2.3%. Sales in Pepsi's international business, which represented nearly 40% of total net revenue last year, were up 9%. Emerging markets such as Mexico, Brazil and China delivered double-digit organic revenue growth, as did Australia, while sales in Britain were up by the high single digits. After a period of the highest inflation in four decades, makers of br
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PEP
Earnings
- 7/12/24 - Beat
PEP
Sec Filings
- 9/20/24 - Form 8-K
- 7/17/24 - Form 8-K
- 7/16/24 - Form 424B2
- PEP's page on the SEC website