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PepsiCo Inc Issues FY 2013 Guidance

Thursday, 14 Feb 2013 07:01am EST 

PepsiCo Inc announced that for fiscal 2013, it expects 7% core constant currency EPS growth versus its fiscal 2012 core EPS of $4.10. Based on the current foreign exchange market consensus, the Company expects that foreign exchange translation will have an unfavorable impact of up to 1 point on the Company's full-year core EPS performance in fiscal 2013. Excluding the impact of structural changes and foreign exchange translation, organic revenue is expected to grow mid-single-digits, consistent with the Company's long-term targets. The impact of structural changes, principally beverage refranchisings, are expected to reduce organic revenue growth by approximately 1 percentage point for the fiscal 2013. 

Company Quote

0.83 +0.85%
21 Nov 2014