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PepsiCo has operations all around the world and its products were distributed across more than 200 countries and territories, resulting in annual net revenues of over US$70 billion. PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé.
On September 30, 2008, The Pepsi Bottling Group Inc. said that third-quarter earnings fell to $231 million, or $1.06 a share, compared to $260 million, or $1.12 a share, in the same period a year prior. The year-prior period included a 14-cent-a-share gain due to a tax benefit and restructuring charges. Revenue rose 2% to $3.8 billion.
Hot 'n Now – Acquired by PepsiCo in 1990, placed under the Taco Bell branch. Now mostly defunct, with only 1 out of 150 remaining in Sturgis, Michigan, now owned by BTND, LLC the owner of Burger Time; Long John Silver's – Sold to LJS Partners, Long John Silver's franchisees and other private investors, in 2011 [27] Pasta Bravo; Super Chix [36]
While PepsiCo previously guided for organic revenue growth of at least 4%, it now expects approximately 4%. But it reiterated its core constant currency earnings growth outlook of at least 8%.
PepsiCo is forecasting 2024 organic-revenue growth of at least 4% and at least 8% higher core constant current EPS compared to 2023. ... focusing the portfolio on areas of more profitable growth ...
Still, a fairly valued stock means shareholders can reasonably expect PepsiCo's investment returns to resemble its growth. Assuming PepsiCo does grow earnings by 7% annually, the dividend's 3% ...
Pepsi is a carbonated soft drink with a cola flavor, manufactured by PepsiCo.As of 2023, Pepsi is the second most valuable soft drink brand worldwide behind Coca-Cola; [1] the two share a long-standing rivalry in what has been called the "cola wars".
PepsiCo Vice Chairman & CFO Hugh Johnston joins Yahoo Finance to discuss the forces that drove the solid Q2 PepsiCo earnings fueled by returning restaurant demands and how PepsiCo plans to keep ...