PepsiCo Tops Earnings Estimates on Strong Demand for Healthier Snacks

Date:

PepsiCo Tops Earnings Estimates on Strong Demand for Healthier Snacks

Lay’s chips are among PepsiCo’s signature brands, along with Pepsi-Cola, Mountain Dew, Doritos, Cheetos, Quaker, SodaStream, and several breakfast cereals. Joe Raedle/Getty Images

PepsiCo Inc. reported on Oct. 9 third-quarter earnings that exceeded expectations, driven by healthier snacks.

The company generated $23.94 billion in revenue in the quarter, outpacing its forecasted $23.86 billion. In addition, its earnings per share (EPS) were $2.29, surpassing the forecast of $2.26.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Elon Musk Takes the Stand at OpenAI Trial

Elon Musk arrives at the U.S. District Court in...

HUD Rescinds Housing Policy, Shaving $20,000 Off Home Construction Costs

Housing and Urban Development Secretary Scott Turner walks toward...

EPA Spending Slashed by More Than Half in Trump Admins Proposed 2027 Budget

Cows graze in a field near the coal-fueled Oak...

Oil Climbs Above $110 as Iran Impasse Pressures Markets, Stocks Drift Lower

Stock market numbers are displayed as traders work on...