PepsiCo tops quarterly revenue estimates on resilient demand for sodas [Yahoo! Finance]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: Yahoo! Finance
Demand for more localized flavors of both snacks and sodas in countries ?such as India and Brazil boosted sales, even as it overhauls its portfolio in the U.S. to meet the shifting tastes of consumers. The company announced a review of its North America supply chain ?in December, weeks after ?activist investor Elliott Management built a stake and pushed for big changes at its struggling food business. PepsiCo ?stuck to its annual core earnings per share target of 5% to 7% growth that it had issued in December. PepsiCo, like other consumer-facing companies such ?as P&G and Coca-Cola, have turned focus to lower entry ?price points and smaller pack sizes as U.S. consumers looked to make their budgets last in the face of inflation and challenges such as the government shutdown last year that delayed access to food stamp benefits. Its beverages business in North America is undergoing a ?facelift with its prebiotic soda offering, as ?well as low- and zero-sugar beverages. Volumes
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PEP
News
- Companies can now claim ‘no artificial colors' if they add plant-based color to food [Los Angeles Times (CA)]Los Angeles Times
- PepsiCo, Inc. (NASDAQ:PEP) Just Reported And Analysts Have Been Lifting Their Price Targets [Yahoo! Finance]Yahoo! Finance
- Companies can now claim 'no artificial colors' if they add plant-based color to food [Yahoo! Finance Canada]Yahoo! Finance Canada
- PepsiCo (NASDAQ:PEP) had its price target raised by analysts at Evercore ISI from $152.00 to $165.00.MarketBeat
- PepsiCo (NASDAQ:PEP) had its price target raised by analysts at HSBC Holdings plc from $152.00 to $175.00. They now have a "hold" rating on the stock.MarketBeat
PEP
Earnings
- 2/4/26 - Beat
PEP
Sec Filings
- 2/5/26 - Form 424B2
- 2/5/26 - Form FWP
- 2/4/26 - Form 424B2
- PEP's page on the SEC website