FMP
Feb 12, 2024 1:30 PM - Davit Kirakosyan
PepsiCo (NASDAQ:PEP) announced its full-year expectation for organic revenue growth to be at least 4%, which falls below the consensus forecast of 5.2%. The company highlighted diminishing returns from previously increased prices as a factor. As a consequence, the company’s shares fell more than 3% on Friday.
The inflation surge following the COVID-19 pandemic contributed to Pepsi's revenue growth, but the advantage from these price increases is starting to diminish, partly due to rising interest rates.
CEO Ramon Laguarta noted that the market environment is evolving as the company enters the 2024 fiscal year, with consumer behaviors shifting back to pre-pandemic patterns and the impact of net revenue realization expected to moderate in response to easing inflationary pressures.
For the fourth quarter, Pepsi reported a rise in core earnings per share to $1.78, up from $1.67 the previous year. However, increased expenses, including those for cooking oil and seasonal ingredients, negatively impacted the profit margin by eight percentage points in its key Frito-Lay North America segment.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...