PepsiCo Posts Better-Than-Expected Second Quarter
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PepsiCo's 4.2% dividend yield and Q2 earnings boost may lead to a short-lived rebound. Read here for key insights on PEP stock for income-focused investors.
PepsiCo’s stock was having its best day in five years after earnings beat expectations in contrast to a profit miss in the previous quarter.
PepsiCo is planning to highlight what will no longer be in its potato or tortilla chips - artificial colors or flavors - when it re-launches its Lay's and Tostitos brands later this year, executives said on Thursday.
PepsiCo’s Q2 earnings surge highlights growth potential with strong pricing power and efficiency-driven tech investments. See more on PEP stock here.
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After a recent sell-off, Pepsi's dividend looks attractive. stocks we like better than PepsiCo › Shares of PepsiCo (NASDAQ: PEP) were climbing today after the packaged food and beverage giant surprised the market with its second-quarter earnings report,
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PepsiCo logged higher revenue in the second-quarter despite a small drop in volumes.
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PepsiCo jumped 6.6% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant stood by its financial forecasts given in April, which projected lower full-year profit than previous forecasts due to increased costs from tariffs and a pullback in consumer spending.
Another round of showers and thunderstorms moved across the Mid-Atlantic Tuesday after intense rain set off dangerous flash flooding from Virginia to New York on Monday, leaving at least two dead and prompting dozens of rescues as water overwhelmed roads and subways.
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Ramon Laguarta, PepsiCo CEO, joins CNBC's 'Squawk on the Street' to discuss the company's most recent earnings, what potential health regulation means for PepsiCo's offerings, and much more.