It’s been a fairly subpar earnings season for most of the big names on the S&P 500 over the past month or so. With much of the major reporting all behind us, there are still some big names to come...
Tag: PepsiCo
PepsiCo Q4 Earnings Top Estimates; Hikes Dividend
PepsiCo Inc (NASDAQ: PEP) reported fourth-quarter FY22 sales growth of 10.9% year-on-year to $28 billion, beating the consensus of $26.84 billion. Net revenue from Frito-Lay North America increased 25...
PepsiCo Beats Earnings Estimates and Hikes Dividend. The Stock Is Rising.
PepsiCo beat earnings and revenue estimates in the fourth quarter, driven by higher prices. It increased its annual dividend, sending the stock higher in premarket trading Thursday. The beverages and ...
PepsiCo Q4 earnings beat estimates as guidance falls short; board approves 10% dividend hike
PepsiCo Inc. PEP, +1.12% said Thursday it had net income of $518 million, or 37 cents a share, in the fourth quarter, down from $1.322 billion, or 95 cents a share, in the year-earlier period. Adjuste...
PepsiCo (PEP) Q4 2022 earnings
Pepsi sodas are displayed on shelves at a Walmart Supercenter on December 06, 2022 in Austin, Texas. PepsiCo, the maker of Pepsi soda, plans to cut hundreds of corporate jobs at its North American div...
These 3 Sectors Have Had a Good Run. They Still Look Strong for 2023.
Yes, the stock market can always get worse—and that means three of this year’s best-performing sectors could continue to outperform in 2023. After a punishing 2022, Wall Street isn’t expecting the sit...
PepsiCo Plans For Layoffs – Hundreds More Corporate Jobs To Go
| Getty Images Key Takeaways Despite generating $79 billion in net revenue in 2021, PepsiCo is the latest company to lay off staff. According to an internal memo, hundreds of corporate roles are set t...
PepsiCo plans to cut hundreds of jobs, report says
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo is eliminating hundreds of corporate jobs in North America, according to the...
PepsiCo to lay off ‘hundreds’ in snack and beverage divisions: WSJ
PepsiCo Inc. PEP, -1.38% is laying off “hundreds” of workers at the headquarters of its North American snacks and beverages divisions, The Wall Street Journal reported Monday, citing peopl...
PepsiCo Cutting Hundreds of Jobs in North America: WSJ
PepsiCo is planning to cut hundreds of jobs at its North American snacks and beverages headquarters, according to The Wall Street Journal, citing people familiar with the matter and documents seen by ...
10 big dividend hikes last week: Nike, Pepsico
Here are last week’s biggest dividend hikes, initiations, or special dividends, all first covered on InvestingPro+ – including several hikes predicted by data from StreetInsider last weeke...
Top Stocks Lockheed And PepsiCo Break Out To All-Time Highs On Earnings Strength
Top stocks Lockheed Martin (LMT) and PepsiCo (PEP) hit all-time highs Friday, continuing to rally after beating Q3 estimates earlier this month. Both are in their buy zones, with LMT stock coming off ...
The Healing Company Acquires PepsiCo Backed Your Super In First Attempt To Consolidate The Wellness Industry
Your Super was born after cofounder Michael Kuech (left) was diagnosed with cancer at the age of 24, … [+] while his partner Kristel de Groot (right) began formulating superfoods and plant prote...
Dow Jones Reverses On Hot Inflation Data; Fed Minutes Next; PepsiCo Jumps On Earnings
The Dow Jones Industrial Average reversed higher Wednesday despite hot inflation data from the producer price index. Minutes from the Federal Reserve’s latest policy meeting are due out later in...
PepsiCo Q3 results suggest consumer is keeping strong in all geographies
PepsiCo Inc (NASDAQ: PEP) is up 4.0% on Wednesday after the beverage company reported market-beating results for its fiscal third quarter and raised its guidance for the future. PepsiCo Q3 financial h...
PepsiCo, Intel, Philips and more
Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue ...
PepsiCo (PEP) reports Q3 earnings
A woman grabs a bottle of Diet Pepsi in Atlanta, Georgia. Chris Rank | Bloomberg | Getty Images PepsiCo hiked its forecast for the year Wednesday morning after reporting third-quarter earnings and rev...
Pepsi Reportedly Stops Manufacturing Sodas In Russia—Joining Global Food Giants Leaving Amid Ukraine Invasion
Topline Beverage giant PepsiCo has stopped manufacturing several of its popular soda brands in Russia, Reuters reported on Tuesday, a move that comes a month after the bottler of its chief rival Coca-...
Amazon, Hilton And PepsiCo Among Nearly Four Dozen Major Companies That Commit To Hiring 22,000 Refugees
Chobani billionaire Hamdi Ulukaya makes an economic case for big U.S. companies to hire refugees for blue- and white-collar jobs. Hamdi Ulukaya. the billionaire founder of yogurt company Chobani, has ...
PepsiCo Partnerships Play The Long Game To Inspire Women In Sports
LONDON, ENGLAND – JULY 31: A general view as Becky Hill performs prior to kick off of the UEFA … [+] Women’s Euro 2022 final match between England and Germany at Wembley Stadium on J...
PepsiCo Makes $550 Million Celsius Investment As Hip Hop Mogul Sues For His Shares
MIAMI BEACH, FLORIDA – JULY 21: Cans of CELSIUS Arctic Vibe Sparkling Frozen Berry energy drink on … [+] display during CELSIUS Arctic Vibe Launch Party at Joia Beach Club on July 21, 2022...
Celsius Energy Drink’s CEO To Streamline Logistics After Receiving $550 Million Investment From PepsiCo
Celsius Holdings, which has taken over social media and the fitness industry by storm, recently … [+] secured a $550 million investment along with a long-term distribution partnership with Pepsi...
PepsiCo takes $550 million stake in energy drink maker Celsius
Celsius Energy Drinks Courtesy: Celsius Holdings PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller com...
The Best Tech CEOs: What Matters Most
Text size Shopify CEO Tobi Lütke spent years programming before he co-founded the e-commerce software firm. He has said he knows how long projects will take—and which initiatives to choose—because of ...
PepsiCo raises dividend by 7%
PepsiCo Inc. PEP, +0.15% said late Thursday its board of directors approved a dividend of $1.15 a share, a 7% increase. That’s consistent with PepsiCo’s previously announced increase in it...
PepsiCo Q2 results: ‘we’re focused on driving costs out of the business’
PepsiCo Inc (NASDAQ: PEP) is in the green on Tuesday after reporting better-than-expected results for its fiscal second quarter. The beverage giant also reiterated its full-year guidance. PepsiCo Q2 r...