PepsiCo Inc (PEP)
25 Apr 2017
Latest Key Developments (Source: Significant Developments)
PepsiCo at CAGNY conf- Will have to go more aggressively on low calorie beverages than we are going now
Senomyx: Entered letter agreement with pepsico, inc. To extend research period under collaborative research and development,license agreement dated aug 16, 2010 . To extend the research period under agreement with pepsico for an additional forty-five days, through september 30, 2016 Source - http://bit.ly/2a82s0M (Bengaluru Newsroom; +1 646 223 8780). Full Article
Pepsico Inc : Q2 earnings per share $1.38; q2 core earnings per share $1.35; q2 net revenue $15.4 billion, down 3.3 percent . Q2 earnings per share view $1.30, revenue view $15.37 billion -- Thomson Reuters I/B/E/S . Says Raising Full Year core constant currency eps growth objective . Pepsico inc sees 2016 core earnings per share $4.71 . Pepsico inc sees about 4 percent organic revenue growth in 2016, excluding impact of 53rd week and other items . Fy2016 earnings per share view $4.73, revenue view $62.78 billion -- Thomson Reuters I/B/E/S . Pepsico inc says foreign exchange translation to negatively impact 2016 reported net revenue growth by 4 percent points . Pepsico inc says 53rd week of 2016 to contribute approximately 1 percentage point to reported net revenue growth . Pepsico inc says continues to expect 2016 productivity savings of about $1 billion, net capital spending of about $3 billion .Pepsico inc says continues to expect to return a total of about $7 billion to shareholders in 2016. Full Article
PepsiCo pulled a commercial featuring model Kendall Jenner on Wednesday after the ad prompted outrage and ridicule from those who said it trivialized rights protests and public unrest in the United States.