Tag Archives: PepsiCo

[unable to retrieve full-text content]PepsiCo, Inc. (PEP) Stock Price, News, Quote & History  Yahoo Finance Source link

PepsiCo (PEP) chairman and CEO Ramon Laguarta isn’t a fan of the ultra-processed food label being increasingly slapped onto big food makers. “I don’t like the word ultra-processed and I don’t believe in it,” Laguarta told Yahoo Finance Live in an exclusive interview at the World Economic Forum in Davos, Switzerland on Tuesday. “I think we are using kitchen logic to define our product.” Laguarta explained PepsiCo continues to look for ways to make its products better for consumers, in part… Source link

PepsiCo is so bullish on its product pipeline and ability to pass through price increases to combat pesky inflation, it did something out of character on Tuesday.  The beverage and snack giant — typically conservative on how it guides the Street —took a first stab at guidance for the next 15 months on its third quarter earnings release Tuesday. “Normally we don’t talk about the following year until February [earnings]. Given the sort of open questions that were out there because of all… Source link

PepsiCo’s (PEP) second quarter earnings release is going down easy for investors.  The beverage and snacks giant — widely expected by analysts to have a strong quarter as economies globally re-open from the pandemic — blew away forecasts across the board. Total revenue rose 20.5% from a year ago, powered by strong double-digit sales gains in PepsiCo’s North America beverage, Latin America, EU and Africa businesses. Sales rose by 6% each in the Frito Lay North America and Asia Pacific… Source link

TipRanks 3 Monster Growth Stocks That Are Still Undervalued Let’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic – and that means there’s a hunt for stocks that will bring in strong returns. In other words, growth stocks. In a recent interview, Jan Hatzius, chief economist at investment giant Goldman Sachs, said that he sees GDP growth in 2Q21 hitting as high as 10%. In an environment like that, most stocks… Source link