|Bid||110.35 x 100|
|Ask||111.99 x 100|
|Day's Range||109.76 - 111.70|
|52 Week Range||106.19 - 122.51|
|PE Ratio (TTM)||32.88|
|Earnings Date||Apr 26, 2018 - Apr 27, 2018|
|Forward Dividend & Yield||3.22 (2.90%)|
|1y Target Est||124.76|
Chipotle takes another step in its turnaround strategy hiring Brian Niccols, CEO of Taco Bell, as its new chief executive. Yahoo Finance's Seana Smith, Brittany Jones-Cooper, Ethan Wolff-Mann and Dan Roberts discuss.
PepsiCo reported flat revenue for the last few months of 2017, and said that it will cut some jobs while giving others bonuses of up to $1,000.
PepsiCo (PEP) generated revenue of $19.5 billion in fiscal 4Q17, which ended on December 30, 2017. The company surpassed the consensus Wall Street analysts’ revenue estimate of $19.4 billion. PepsiCo’s revenue was almost flat in fiscal 4Q17 compared to fiscal 4Q16.
PepsiCo (PEP), a leading snack food and beverage maker, announced its fiscal 4Q17 and fiscal 2017 results on February 13, 2018. PEP stock rose 0.2% on February 13. PEP stock has fallen 7.5% on a YTD (year-to-date) basis.
PepsiCo reported fourth quarter and full year results that topped analysts’ estimates earlier this week, despite a changing retail environment and a continued soft market for carbonated beverages, driven by a particularly strong quarter at its Frito-Lay North America division.
The Tampa Bay Rays made a somewhat scandalous trade this week, and it didn't involve any of the team's players. The Rays announced Wednesday that they're switching from Pepsi to Coca-Cola products starting in the 2018 season, making Coke the "Official Beverage Partner of the Rays." While perhaps benign on the surface, consider this: The Rays play at Tropicana Field, which is named after Tropicana orange juice -- a brand owned by PepsiCo Inc. (PEP) since 1998. The new partnership is separate and independent of the team's stadium naming rights, which was a deal that went through before Pepsi officially bought Tropicana.
Why is everyone so surprised that January's CPI came in hotter than expected? Have you listened to earnings calls from packaged food companies?
The sugary food and beverage industry has been under assault for quite some time, really hammering many stocks’ earnings reports. Given the maturity of this industry, a 2.3% increase in organic sales is quite respectable. Indeed, Frito-Lay North America saw a 5% organic sales increase.
It pays to have access. And in this case, it was great to catch up with Under Armour founder Kevin Plank and PepsiCo's CFO Hugh Johnston immediately after earnings.
PepsiCo quarterly sales were flat, hurt by falling demand in North America for its beverages, but the company said it had ramped up cost-cutting efforts to protect its bottom line.
PepsiCo Inc. hasn’t decided how much overseas cash it will repatriate as the food and beverage giant considers the still-evolving implications of the recent tax overhaul.