PepsiCo Reports Earnings and Revenue Above Estimates as North American Food Business Shows Growth
PepsiCo's first-quarter earnings and revenue exceeded Wall Street expectations, driven by a return to volume growth in its North American food business. The company reported adjusted earnings per share of $1.61 and revenue of $19.44 billion, both above forecasts. Pepsi reiterated its full-year guidance, signaling confidence in its performance.
Tickers: $PEP
Topics: Earnings Financial Performance North American Food Business Revenue Growth