PepsiCo Inc.
Campbell Soup, Express, Thor Industries and others
Check out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer matched estimates with adjusted quarterly earnings of 69 cents per share, and revenue essentially in line with forecasts as well. Campbell’s adjusted gross margins slid 340 basis points due to cost inflation. It said demand trends are strong and …
PepsiCo (PEP) earnings Q3 2019
A woman grabs a bottle of Diet Pepsi in Atlanta, Georgia. Chris Rank | Bloomberg | Getty Images PepsiCo on Thursday announced quarterly earnings and revenue that topped expectations, as its increased spending on advertising and marketing paid off for brands like Gatorade. Shares of the food and beverage giant jumped 3% in premarket trading. …
Coca-Cola raises revenue forecast after earnings beat, sending shares higher
Ramin Talaie | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations, driven by sales of its namesake soda brand. Shares of the company jumped 1.5% in premarket trading. “Our strategy to transform as a total beverage company has allowed us to continue to win in a growing and vibrant industry,” …
PepsiCo earnings top estimates on strong snack and beverage sales
PepsiCo shares rose slightly Tuesday after the company’s second-quarter earnings topped estimates, as healthier snacks and sparkling water helped fuel sales growth and offset a drag from foreign exchange. Shares of the company rose less than 1% in premarket trading. “Our performance for the first half and the progress we are making on our strategic priorities …
