PEP241011C182500
- 0.02
- -0.05-71.43%
PepsiCo Newsroom
PepsiCo 'Took It Too Far' With 'Shrinkflation': Analyst
U.S. stock market anomaly | PepsiCo's stock rose more than 1%, with a 5% year-on-year increase in eps after Q3 adjustments, exceeding expectations.
October 8th according to Glon Hui｜PepsiCo (PEP.US) rose more than 1%, closing at $168.97. On the news front, PepsiCo's Q3 revenue declined by 0.6% year-on-year to $23.32 billion, below the market's expected $23.76 billion; adjusted earnings per share (eps) increased by 5% year-on-year to $2.31, exceeding the market's expected $2.29. PepsiCo CEO Ramón Laguarta said: "PepsiCo will focus on cost control to better adapt to the current low-growth environment." Calculated at a fixed exchange rate, PepsiCo still expects the company's profit to grow by at least 8% this year.
Price hikes in disguise! Democratic lawmakers in the usa are calling on food & beverage giants to stop the behavior of 'shrinkflation'.
Two Democratic lawmakers in the USA accused general mills, coca-cola, and PepsiCo of making huge profits through downsizing and tax avoidance. They pointed out that these companies have reduced the size of products such as cereal boxes and beverage bottles, while keeping prices unchanged or even raising them, and that the effective tax rates paid by these companies since the tax cuts in 2017 are much lower than many working class individuals.
PepsiCo, DocuSign, Robinhood And Other Big Stocks Moving Higher On Tuesday
PepsiCo's Stock Flat After Revenue Lags Estimates and Company Trims Guidance
US Stocks Edge Higher; PepsiCo Cuts 2024 Revenue Outlook
Trending: PepsiCo Trims Sales Guidance
Deutsche Bank Maintains PepsiCo(PEP.US) With Hold Rating, Maintains Target Price $180
Goldman Sachs Maintains PepsiCo(PEP.US) With Buy Rating
Express News | PepsiCo Shares Flat After Q3 Results
Stock Futures, Hurricane Milton, PepsiCo Earnings: 3 Things
Sector Update: Consumer Stocks Advance Premarket Tuesday
PepsiCo lowered its full-year revenue expectations due to consumer "financial constraints".
pepsico released its third-quarter financial report before the market opened on Tuesday, Eastern Time.
Express News | PepsiCo Exec - Don't Think Business Impact in Middle East From Geopolitical Situation Is Going to Change in Coming Months
Express News | PepsiCo Exec Says in China Market Consumers Are Feeling a Bit More Constrained - Conf. Call
PepsiCo Buy Rating Affirmed: Resilient Strategy and Positive Outlook Despite Q3 Revenue Challenges
Evercore Maintains PepsiCo(PEP.US) With Hold Rating, Maintains Target Price $180
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday Ahead of Economic Data Release
US stock outlook | Popular Chinese stocks pulled back sharply before the market, Pinduoduo fell more than 8%; the market refocused on US CPI, Damo: US core CPI is expected to rise moderately in September
Overseas listed china etfs pulled back, 3x long ftse china etf-direxion plunged more than 25% in pre-market trading, 3x short ftse china etf-direxion soared more than 32% in pre-market trading; Piper Sandler bullish on Google, pinterest and other internet plus-related stocks Q3 performance; US earnings season kicks off this week: profit expectations significantly decreased.
PepsiCo (PEP) Receives a Hold From Evercore ISI