PepsiCo Q4 Profit Soars, Tops Estimates; Boosts Dividend 7% - Quick Facts

Pepsico Updates FY24 Revenue Growth View After Q2 Beats Street; Stock Down

PepsiCo, Inc. shares were losing around 2.4 percent in the pre-market activity on the Nasdaq. While the company reported higher profit and revenues in its second quarter above market estimates, it slightly adjusted the fiscal 2024 organic revenue growth view. The company further maintained its forecast for annual core earnings growth.

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PepsiCo Q4 Adj. EPS Tops Estimates, But Revenues Miss

Snack and beverage giant PepsiCo Inc. (PEP) on Friday reported that net income for the fourth quarter soared from last year, reflecting lower impairment of intangible assets this year and 18 percent revenue growth in Latin America. Core earnings per share topped analysts' estimates, while annual revenues miss it.

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PepsiCo Recalls Quaker Pancake With Whole Grain Oats Mix

PepsiCo Caribbean, Inc. is recalling select packages of Quaker Pancake with Whole Grain Oats Mix citing the presence of undeclared soy, a known allergen, the U.S. Food and Drug Administration said. The recalled 15.97 oz cartons of Quaker Pancakes with Whole Grain Oats - mix to prepare pancakes comes with UPC 7 501761 848267, and various best before dates.

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PepsiCo Q3 Results Top Estimates, Lifts FY23 Core EPS View Above Market

Snack and beverage giant PepsiCo. Inc. reported Tuesday higher profit and revenues in its third quarter with growth in most of the regions. Core earnings per share and top line beat market estimates. Further, the company raised its fiscal 2023 core earnings view, while maintained revenue gowth forecast. The company also issued fiscal 2024 outlook, expecting a growth.

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Frito-Lay Recalls Tostitos Avocado Salsa Jar Dips

Frito-Lay Inc., owned by food, snack, and beverage major PepsiCo, Inc., is recalling select 15 oz. Tostitos Avocado Salsa Jar Dips citing the possible presence of undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The recall includes Tostitos Avocado Salsa Dip packaged in a glass jar with UPC barcode ending in 0559, and best before date of 2 NOV 23 or 3 NOV 23.

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PepsiCo Lifts FY23 View Above Market As Q1 Core EPS, Revenues Beat

Snack and beverage giant PepsiCo Inc. reported Tuesday weak profit in its first quarter, while core earnings and revenues improved and beat market estimates. Further, the company lifted fiscal 2023 forecast for core earnings per share above the Street view, as well as organic revenue growth forecast. In pre-market activity on Nasdaq, PepsiCo shares were gaining around 2 percent.

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PepsiCo Q4 Core EPS Beats Market, Lifts Dividend; Sees Growth In FY23

Snack and beverage giant PepsiCo Inc. reported Thursday sharply lower profit in its fourth quarter, despite higher revenues. Adjusted earnings and top line beat market estimates. Further, the company lifted its dividend and announced around $1 billion share buyback. Looking ahead for fiscal 2023, PepsiCo expects growth in organic revenues and core earnings, which is below current market estimates.

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Tesla Delivers First Semi Electric Trucks To PepsiCo

Tesla Inc. has delivered its first Semi, a heavy-duty electric truck, to its customer PepsiCo Inc. during an event at its Nevada Gigafactory. The delivery of 500-mile fully electric Semi truck comes five years after the launch of the truck's prototype in 2017. During Thursday night's Semi Delivery Event at Tesla's Sparks, Nevada factory, CEO Elon Musk, with Dan Priestly, ...

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