PepsiCo: Q1 EPS up 7%

(CercleFinance.com) - PepsiCo reports Q1 2024 core EPS of $1.
61, up 7% at constant exchange rates, on revenues of over $18.2bn, with organic growth of 2.7%.

The food and beverage group, which operates the Pepsi, Lays and Quaker brands, boasts a vigorous performance from its international activities, as well as a sequential improvement in its volume trends.

For FY 2024, PepsiCo confirms it is targeting minimum core EPS growth of 8% at constant exchange rates and organic revenue growth of 4%, as well as around a cash return 8.2bn to shareholders.


Copyright (c) 2024 CercleFinance.com. All rights reserved.