PepsiCo Raises Profit Guidance For The Third Consecutive Year
Macroeconomic headwinds continue to plague multinationals, especially the likes of PepsiCo (NYSE:PEP), which derives ~44% of its top line from markets outside the U.S. A slowdown in China, recession in Brazil and Russia, and the uncertainty surrounding the U.K.’s vote to exit the European Union could cast a shadow over the performance of PepsiCo, since Russia, Brazil, and the U.K. combine for ~9% of the food and beverage giant’s net revenue. However, boosted by its strong performance in the domestic market, and continual rise in overall snack sales, PepsiCo raised its full-year profit guidance for the third straight year. Management now expects adjusted EPS to rise 9% this year, up from its earlier 8% estimate.
Have more questions on PepsiCo? See the links below.
- PepsiCo Earnings Review: Macroeconomic Headwinds Bring Down An Otherwise Strong Core Performance
- PepsiCo: The Year 2015 In Review
- What’s PepsiCo’s Revenue And EBITDA Breakdown?
- What’s PepsiCo’s Fundamental Value Based On Expected 2016 Results?
- By What Percentage Have PepsiCo’s Revenues And EBITDA Grown Over The Last Five Years?
- Where Will PepsiCo’s Revenue And EBITDA Growth Come From Over The Next Three Years?
- How Has PepsiCo’s Revenue And EBITDA Composition Changed Over 2012-2016E?
- Why Snacks Are More Valuable Than Carbonated Drinks For PepsiCo
- Why Carbonated Soft Drinks Will Contribute Relatively Lower To PepsiCo’s Drinks Business
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