PepsiCo records 3.1% organic revenue growth in Q3, lowers annual guidance
PEP PepsiCo Inc
$128.34 +3.73%
View chart & analysis → - 1PepsiCo recorded 3.1% organic revenue growth in the third quarter.
- 2The company lowered its annual guidance due to rising costs and product mix issues.
- 345% of PepsiCo's year-to-date cumulative profit was generated from international operations.
So what's the key point?
PepsiCo's third-quarter revenue increased by 3.1%. The company lowered its target for the year because costs rose and there were issues with the product mix.
Source The Motley Fool +1 · View original ↗
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