Pepsico Stock News

PepsiCo on Thursday beat quarterly revenue expectations by more than $1 billion, but warned that it is costing more to make its snacks and sodas and get them to store shelves. But its full-year outlook fell short of what analysts predicted, and shares closed Thursday down 2.1% at $168.37. Pepsi is feeling the impacts of […] The post PepsiCo (PEP) Q4 2021 earnings beat appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

Coca-Cola, PepsiCo and other international brands in January called for a global pact that included calls to cut plastic production, a key growth area for the oil industry. Plastic pollution: Coca-Cola pledges 25% reusable packaging Global Village, Top News, Break Free From Plastic, Coca-Cola branded products, Coca-Cola Company, Coca-Cola to reduce single-use plastic, Ellen MacArthur […] The post Plastic pollution: Coca-Cola pledges 25% reusable packaging appeared first on Asian ThinkTank .

Rival soft drink companies PepsiCo and Coca-Cola said on Feb. 10 that rising costs for packaging and transportation could put pressure on profits this year, despite the two having exceeded sales expectations due to robust demand from consumers. The announcements were made as the Labor Department released its dismal report, showing U.S. inflation accelerating to […]

PepsiCo CFO Hugh Johnston weighs in on prices amidst an inflationary environment.

Can Coca-Cola and PepsiCO remain go-to stocks amid rising volatility?

Global food and beverages major PepsiCo on Thursday reported a double-digit volume growth in the Indian market in 2021.

PepsiCo, Inc. (NASDAQ: PEP) Q4 2021 earnings call dated Feb. 10, 2022 Presentation: Operator Good morning, and welcome to PepsiCo’s 2021 Fourth Quarter Earnings Question-and-Answer Session. [Operator Instructions] Today’s call […] The post PepsiCo, Inc. (PEP) Q4 2021 Earnings Call Transcript first appeared on AlphaStreet .

Coca-Cola reported unit case volume growth of 11% for the quarter for its Asia Pacific unit, resulting in low single-digit increase compared to 2019. The maker of Coke and Sprite sparkling drinks noted in its earnings statement that growth was driven by China, India and the Philippines.

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Thursday Market Open) Equity index futures were mixed on Thursday ahead of the Consumer Price Index (CPI) despite Wednesdays broad market rally. It has been light week for economic news but heavy on earnings announcements. However, traders looking for excitement may get it today thanks to a hotter-than-expected CPI report. The report showed that inflation grew 0.6% month-over-month, above the expected 0.5%. It also grew at 7.5% year-over-year which was also above the forecasted 7.3%. Economists were hoping for some easing in inflation, but these are the hottest number since February of 1982. The bond market reacted severely in premarket, trading with the 2-year Treasury yield that tries to anticipate the federal funds ratejumping up to 1.45%; the 10-year Treasury yield (TNX) rallied and briefly touched 2% in premarket trading. The bond market increased the probability of a half-point rate hike by the Federal Reserve in March to above 51%.

The global drinks giants were able to tap into robust demand but caution about rising costs for materials and transportation.

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The global drinks giants were able to tap into robust demand but caution about rising costs for materials and transportation.

Futures Paralyzed Ahead Of Critical CPI Print US index futures are unchanged from Wednesday''s close after some rangebound trades in another illiquid, overnight session, as traders were paralyzed and unwilling to commit capital ahead of today''s critical CPI print which consensus expects to come in at 7.2% YoY headline and 5.9% core, but which may well surprise to the downside (we explained why yesterday ) after beating expectations on 8 of the past 10 occasions. A miss will likely send yields lower and risk sharply higher, especially when considering that the BLS will revise its CPI basket weightings and seasonal adjustments today. On the other hand, an upside surprise could spur additional pricing for a 50bp rate hike at the March meeting, currently priced in the swaps market at around 28%, and as such the 830am CPI print will shape views on how aggressively the Federal Reserve will tighten monetary policy in coming weeks. Contracts on the S&P 500 were flat, and the Nasdaq drifted lower after a broad Wall Street rally on Tuesday, US Treasury yields were lower as was the dollar while bond yields in most of Europe ticked higher, as did bitcoin which briefly rose above $45,000 . “This inflation data will provide investors with more clues on how aggressive the Fed could be at its next policy meeting, sparking volatility in both bond and stock markets,” said Pierre Veyret, a technical analyst at ActivTrades.

PepsiCo (PEP) shares moved up 1.8% in Thursday''s premarket to $175 after beating consensus for revenue and EPS. The packaged food and beverage company