Tag: $PepsiCo

PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as international growth offset another quarter of declining volume in North America.

Shares of PepsiCo (PEP) climbed in premarket trading Tuesday following a report that activist investor Elliott Investment Management had built a $4 billion stake in the beverages and snacks company.

PepsiCo (PEP.O), has increased its stake in energy drink maker Celsius Holdings (CELH.O), through a $585 million deal, the companies said on Friday.

PepsiCo stock rose in premarket trading Thursday after the snacks and beverages company reported quarterly earnings that beat analysts’ expectations, and tweaked its full-year outlook.

PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America.

PepsiCo said on Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding in the “healthier soda” category.

PepsiCo forecast annual profit below expectations and missed quarterly revenue estimates on Tuesday, as the Doritos maker faces weakening demand for its sodas and snacks such as Lay’s in the United States, its largest market.

PepsiCo on Tuesday lowered its full-year outlook for organic revenue after its second straight quarter of weaker-than-expected sales.

PepsiCo stock dropped Thursday following its earnings report after the beverages and snacks company missed revenue expectations for the second quarter.

PepsiCo beat quarterly earnings and revenue estimates.

Carrefour is telling customers it will no longer sell PepsiCo products like Pepsi, Lay’s crisps and 7up because they had become too costly, in the latest tug-of-war over prices between retailers and global food giants