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PepsiCo plans price cuts as demand for its drinks and snacks slips
Yahoo Finance· 2026-02-03 11:37
PURCHASE, NY (AP) — PepsiCo is cutting prices on Lay's, Doritos, Cheetos and Tostitos chips this year to win back customers exasperated by years of price hikes. “For some consumers, low- and middle-income consumers, the biggest friction they have today in our category... is affordability,” PepsiCo Chairman and CEO Ramon Laguarta said Tuesday during a conference call with investors. “So we have been testing multiple ways to give them affordability.” PepsiCo has leaned on price increases as the cost of pa ...
X @The Wall Street Journal
Exclusive: PepsiCo is cutting prices after receiving a flood of emails and voicemail messages from shoppers complaining that high prices were making it hard to buy the company’s snacks https://t.co/SOWALMMkXr ...
PepsiCo Q4 Results Beat Street, Backs Outlook; Lifts Dividend, Plans $10 Bln Buyback
RTTNews· 2026-02-03 11:26
Core Insights - PepsiCo reported higher profit and revenues in its fourth quarter, exceeding market estimates, and maintained its fiscal 2026 outlook with growth expectations [1][2] - The company announced a 4 percent increase in its annualized dividend to $5.92 per share and a share buyback program of up to $10 billion [3][4] Financial Performance - Net income attributable to PepsiCo rose to $2.54 billion from $1.52 billion year-over-year, with earnings per share increasing 68 percent to $1.85 from $1.11 [3] - Core earnings per share were $2.26, compared to $1.96 last year, surpassing analysts' expectations of $2.24 [4] - Net revenue for the quarter grew 5.6 percent to $29.34 billion from $27.78 billion, with organic revenue increasing by 2.1 percent [4] Future Outlook - For fiscal 2026, PepsiCo expects organic revenue growth between 2 and 4 percent and core constant currency earnings per share growth between 4 and 6 percent [2] - The company aims to enhance growth by restaging global brands, introducing product innovations, and improving productivity savings [2]
百事第四季度净营收293.4亿美元 超预期
Ge Long Hui A P P· 2026-02-03 11:25
格隆汇2月3日|百事公司第四季度净营收293.4亿美元,预估289.5亿美元;核心每股收益2.26美元,预 估2.23美元。 ...
X @Bloomberg
Bloomberg· 2026-02-03 11:24
PepsiCo reports better-than-expected fourth-quarter profit, buoyed by strong international demand, and announced a $10 billion share buyback https://t.co/aszuN7d60i ...
PepsiCo Earnings Beat Expectations. It's Planning Price Cuts.
Barrons· 2026-02-03 11:18
Core Viewpoint - PepsiCo reported earnings that exceeded expectations and reaffirmed its guidance for 2026 [1] Financial Performance - PepsiCo shares have remained largely flat over the past 12 months, with a rise of 4% compared to nearly 17% for the S&P 500 [1] Future Plans - The company is planning price cuts as part of its strategy moving forward [1]
百事公司公布第四季度财报后,盘前股价下跌1.3%。
Xin Lang Cai Jing· 2026-02-03 11:12
来源:滚动播报 百事公司公布第四季度财报后,盘前股价下跌1.3%。 ...
百事公司将在2030年前回购至多100亿美元的股票。
Xin Lang Cai Jing· 2026-02-03 11:12
来源:滚动播报 百事公司将在2030年前回购至多100亿美元的股票。 ...
PepsiCo tops quarterly revenue estimates on resilient demand for sodas
Yahoo Finance· 2026-02-03 11:07
Core Viewpoint - PepsiCo exceeded fourth-quarter revenue expectations, driven by strong international demand for sodas and low-sugar beverages in the U.S. [1] Group 1: Revenue and Sales Performance - PepsiCo reported revenue of $29.34 billion for the fourth quarter, surpassing estimates of $28.97 billion [4] - International beverages volume increased by 3%, while overall volumes in the beverages segment rose by 1% [4] - The North America food business experienced a 1% decline in volumes during the fourth quarter, following a 4% drop in the previous quarter [4] Group 2: Strategic Initiatives and Market Adaptation - The company is reviewing its North America supply chain after activist investor Elliott Management acquired a stake and advocated for significant changes [2] - PepsiCo is focusing on lower entry price points and smaller pack sizes to cater to U.S. consumers facing inflation and budget constraints [3] - The company is revamping its beverage offerings in North America, including prebiotic sodas and low- and zero-sugar options [3] Group 3: Future Outlook - PepsiCo maintained its annual core earnings per share growth target of 5% to 7%, as announced in December [2]
PepsiCo earnings beat estimates as drinks sales pick up around the world
CNBC· 2026-02-03 11:06
Core Viewpoint - PepsiCo reported strong quarterly earnings and revenue that exceeded analysts' expectations, driven by improving organic sales across its business [1][2]. Financial Performance - The company reported a fourth-quarter net income of $2.54 billion, or $1.85 per share, an increase from $1.52 billion, or $1.11 per share, a year earlier [1]. - Excluding restructuring and impairment charges, the adjusted earnings per share were $2.26, slightly above the expected $2.24 [2][3]. - Net sales increased by 5.6% to $29.34 billion, surpassing the expected $28.97 billion [2][3]. - Organic revenue, which excludes foreign currency effects, acquisitions, and divestitures, rose by 2.1% in the quarter [2]. Future Outlook - PepsiCo reiterated its outlook for 2026, which was initially provided in December [2].