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PepsiCo Inc Reaffirms FY 2012 Guidance


Wednesday, 17 Oct 2012 07:00am EDT 

PepsiCo Inc. announced that consistent with its previous guidance for fiscal 2012, the company expects a decline in core constant currency earnings per share (EPS) of approximately 5% from its fiscal 2011 core EPS of $4.40. Based on the current foreign exchange market consensus, foreign exchange translation would have an unfavorable impact of approximately three percentage points on the Company's full year core EPS performance in fiscal 2012. Consistent with its previous guidance, the Company expects core constant currency net revenue growth of low-single-digits reflecting the impact of structural changes, principally refranchisings, which are expected to reduce core constant currency net revenue growth by approximately three percentage points for the full year. Excluding these structural changes, core constant currency net revenue is expected to grow mid-single-digits, consistent with the company's prior guidance. The Company reported revenue of $65.881 billion in fiscal 2011. 

Company Quote

91.6
-0.45 -0.49%
4:01pm EDT