North America, Pressreleases, Processing, Promotion/Marketing, Retail, Trade/Markets/Prices, Trends

PepsiCo results beat market estimates as new CEO’s ad-push lifts sales

According to a Reuters report. PepsiCo Inc's quarterly sales and profit beat Wall Street estimates on Wednesday, as the beverage maker's advertising and marketing push helped drive sales of its snacks, sparkling waters and low-sugar sodas globally. Shares of PepsiCo hit a record high of $125.92 in morning trading after the company said its core sales grew at the fastest[Read More...]

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