Pepsi: better than expected results
U.S. soft drink and chip maker PepsiCo achieved higher-than-expected revenue and profits in the first quarter, but did not release a new annual forecast citing global uncertainties over the coronavirus pandemic – tozsdeforum.hu wrote.
The company said in a quick report released on Tuesday that its after-tax profit was 1 billion 338 million USD, up 96 cents per share for the three months ended on March 21. Earnings per share excluding one-time items were 1.07 USD, exceeding the 1.03 USD expected by experts. (tozsdeforum.hu)
Related news
PepsiCo under pressure: falling profit expectations, tightening regulations, falling demand
PepsiCo has cut its profit outlook for this year, as…
Read more >Strict regulations and measures remain in place due to the COVID-19 virus
The National Food Chain Safety Office (Nébih) draws attention to…
Read more >The eradication of colonies infected with RSZKF disease has been completed
The culling and disposal of infected herds in the farms…
Read more >Related news
This is how you can keep your hair and skin healthy during the approaching summer heatwave
Styling, dyeing and blow-drying can all weaken the internal structure…
Read more >Auchan innovates with a new brand strategy and a lovable character
On the occasion of its 27th anniversary, the Hungarian Auchan…
Read more >Dopamine decor, artisanal pieces and functionality: IKEA’s new collections have arrived
IKEA has introduced its new products, which bring a new…
Read more >