|Bid||103.500 x 400|
|Ask||103.520 x 900|
|Day's Range||101.150 - 103.770|
|52 Week Range||100.850 - 122.510|
|PE Ratio (TTM)||30.63|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||3.22 (2.95%)|
|1y Target Est||123.19|
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.
Amazon earnings after the market close on Thursday should be the day's highlight as a busy week for corporate earnings nears a conclusion.
The Dow Jones Industrial Average traded higher for a second straight day, after closing higher Wednesday and shaking a five-session losing streak. Following Wednesday's session, the Dow has declined 2.57% for the year, and the S&P 500 has fallen 1.28%. Shares of Facebook Inc. rose 10% on Thursday after the social media giant posted earnings that beat Wall Street forecasts.
Success in PepsiCo's snack division is making up for its struggling beverage unit. @jennymkaplan explains https://bloom.bg/2Jv6Qsi #tictocnews (Source: Bloomberg)
As its beverage unit fizzled, PepsiCo leaned on its snacks division to beat on sales and earnings #tictocnews https://bloom.bg/2HtZbxV (Source: Bloomberg)
Inflation is beginning to show up in first-quarter earnings, with a slew of quarterly reports on Thursday highlighting the pressure on margins from the rising costs of a range of raw materials, from fuel to freight costs to food and even wages. Oil prices, which are mostly dictated by supply-and-demand dynamics, are currently at a 3½-year high, raising costs for energy-dependent industries, such as airlines and transportation and logistics companies. On Thursday, PepsiCo Inc.(PEP)said every one of its businesses, from snack brands Frito-Lay to Quaker Foods and beverages, suffered operating-cost inflation in the quarter, due to higher raw-material costs.
By Nivedita Balu (Reuters) - PepsiCo Inc reported better-than-expected quarterly revenue on Thursday as double-digit growth in developing markets offset another quarter of weak results in its North American ...
PepsiCo Inc reported better-than-expected quarterly revenue on Thursday as double-digit growth in developing markets offset another quarter of weak results in its North American beverage unit. Like rival ...
Coca-Cola (KO) reported its 1Q18 results on April 24. The leading nonalcoholic beverage company exceeded analysts’ estimates for revenues and earnings. Coca-Cola stock fell 2.1% on April 24 after rising in the premarket session.
PepsiCo has no plans to split its drink and snacks business, despite continued divergent performances of the two.
PepsiCo Inc. ( PEP) is facing some of the same sales struggles as many other beverage makers as consumers turn toward healthier drink options. Its new plan is in part to mirror Coca-Cola Co.’s ( KO) successful strategy of investing more into its core carbonated beverage business, which is profitable but growing more slowly, while innovating toward other on-trend beverage options. The beverage giant said it will increase spending on advertising, including its upcoming Pepsi Generations campaign.
Improvement in the developing and emerging markets helps offset ongoing weakness at PepsiCo's (PEP) North America beverage business in Q1.
The biggest cola rivalry in history is in full swing again as the two top names in beverages battle for a shrinking soda-loving population.
Amid Coke's aggressive marketing of its trademark soda and revamped diet product, PepsiCo Chief Financial Officer Hugh Johnston concedes the company has lost some market share. PepsiCo plans to respond accordingly with its own marketing assault in coming quarters. "Most recently in the last one to two years, our primary competitor has been investing heavily in colas and it has had an implication on our market share.