Company raises income gauge, Pepsi profit top appraisals in spite of higher store network costs

PepsiCo on Tuesday raised its entire year estimate after its quarterly income and income beat examiners’ assumptions, notwithstanding greater expenses and growls in the inventory network. Pepsi shares rose under 1% in premarket exchanging. Leaders said store network disturbances and inflationary strain for work, wares and transportation burdened its monetary second from last quarter results. […]

Begin typing your search term above and press enter to search. Press ESC to cancel.