PepsiCo Posts Better-Than-Expected Second Quarter
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PepsiCo's 4.2% dividend yield and Q2 earnings boost may lead to a short-lived rebound. Read here for key insights on PEP stock for income-focused investors.
PepsiCo’s stock was having its best day in five years after earnings beat expectations in contrast to a profit miss in the previous quarter.
In April, PepsiCo said it planned to migrate its entire portfolio to natural colors, or give consumers the option to have a product without a synthetic dye. Its Cheetos snacks and Gatorade drinks rely on synthetic dyes for their bright hues.
PepsiCo’s Q2 earnings surge highlights growth potential with strong pricing power and efficiency-driven tech investments. See more on PEP stock here.
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Ramon Laguarta, PepsiCo CEO, joins CNBC's 'Squawk on the Street' to discuss the company's most recent earnings, what potential health regulation means for PepsiCo's offerings, and much more.
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After a recent sell-off, Pepsi's dividend looks attractive. stocks we like better than PepsiCo › Shares of PepsiCo (NASDAQ: PEP) were climbing today after the packaged food and beverage giant surprised the market with its second-quarter earnings report,
PepsiCo logged higher revenue in the second-quarter despite a small drop in volumes.
Another round of showers and thunderstorms moved across the Mid-Atlantic Tuesday after intense rain set off dangerous flash flooding from Virginia to New York on Monday, leaving at least two dead and prompting dozens of rescues as water overwhelmed roads and subways.
The food giant said its Frito-Lay snack division planned to make a line of Cheetos and Doritos with no artificial colors or flavors, as demand falters.