Pepsi grows again when selling beverages in North America
Pepsi grows again when selling beverages in North America
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Pepsi grows again when selling beverages in North America
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October 2, 2018
Pepsi grows again when selling beverages in North America
Domestic beverage sales of PepsiCo Inc. began to grow again in the last period, breaking a streak of four consecutive quarters of declines.
The PepsiCo beverage segment in North America increased 2% in the quarter, reversing a decline from the third quarter of 2017. Revenues in the third fiscal quarter of PepsiCo increased 1.5% to $ 16.49 billion , while organic revenues, which exclude acquisitions and divestments, increased by 4.9%. Analysts surveyed by Refinitiv expected $ 16.36 billion in revenue.
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ORIGINAL ARTICLE THE WALL STREET JOURNAL
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