PepsiCo falls on mixed earnings, consumer weakness worries

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 28 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Pepsico Noticias

Brad Smith,Seana Smith,Street Estimates

PepsiCo (PEP) posted mixed second quarter results. The food company reported adjusted earnings per share of $2.28, topping Street estimates. However, revenue...

) posted mixed second quarter results. The food company reported adjusted earnings per share of $2.28, topping Street estimates. However, revenue of $22.50 billion fell short of the expected $22.59 billion.After the company saw softer demand for its snacks and drinks here in the second quarter, you're looking at a loss of just about 2%.

And for all of the talk that we've heard around shr inflation, I mean it's even made it all the way to the presidential lecterns at certain appearances and speeches that the president has given. Then you're getting hit on both sides, both the both the restaurant and the retail side of the business, too.You can see it reflected just strictly in the volume numbers you got Frida Light North America.

Kevin O'Leary says court ruling will have 'major impact' on energy sector — how to get in on the action

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in AR

Argentina Últimas Noticias, Argentina Titulares