PepsiCo: Q2 EPS up 10%
(CercleFinance.com) - PepsiCo reports core EPS of $2.
28 for Q2 2024, up 10% at constant exchange rates, on revenues of $22.5bn, with organic growth of 1.9%.
The agrifood group, which operates the Pepsi, Lays and Quaker brands, amongst others, explains that it remained agile in the face of an unfavourable comparison basis, a lackluster performance in certain categories in North America, and product recalls at Quaker.
PepsiCo confirms its FY target of at least 8% core EPS growth at constant exchange rates, but now expects organic revenue growth of around 4% (instead of at least 4%).
Copyright (c) 2024 CercleFinance.com. All rights reserved.
28 for Q2 2024, up 10% at constant exchange rates, on revenues of $22.5bn, with organic growth of 1.9%.
The agrifood group, which operates the Pepsi, Lays and Quaker brands, amongst others, explains that it remained agile in the face of an unfavourable comparison basis, a lackluster performance in certain categories in North America, and product recalls at Quaker.
PepsiCo confirms its FY target of at least 8% core EPS growth at constant exchange rates, but now expects organic revenue growth of around 4% (instead of at least 4%).
Copyright (c) 2024 CercleFinance.com. All rights reserved.