Higher Prices Energized Coca Cola's Q3 Financials [Yahoo! Finance]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: Yahoo! Finance
offset a rather sluggish demand for its beverages in the face of increasingly price-sensitive consumers. Adjusted net sales were roughly flat compared to last year, amounting to $11.95 billion, surpassing LSEG's consensus estimate of $11.60 billion. However, when acquisitions, divestitures and currency are excluded, organic revenue actually rose 9%. Net income attributable to shareholders went did go down to $2.85 billion, or 66 cents per share while adjusted earnings amounted to 77 cents per share, topping LSEG's consensus estimate of 74 cents per share. But, the reality is that North America consumers have been snacking and and drinking less, even its rival PepsiCo Inc (NASDAQ: PEP ) noticed it while also dealing with the fallout from Quaker Foods recalls. Pepsi said volume for its North American beverage business fell 3% in its third quarter. Overall, PepsiCo reported disappointing third quarter sales and also trimmed its growth outlook. With a weakened international demand
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PEP
Earnings
- 10/9/24 - Beat
PEP
Sec Filings
- 10/8/24 - Form 10-Q
- 10/8/24 - Form 8-K
- 10/3/24 - Form 4
- PEP's page on the SEC website