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Search resuls for: "Pepsi sodas"


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It's terrible to be clinical after watching horrifying pictures and having real feelings about the tragedy in Israel this weekend. But it is difficult to believe that there will be another embargo when Israel was so clearly not the aggressor. Do you sell American stocks off of something tragic that happens in Ukraine or Israel or to any of our allies? No, it is because we have the ability — good or bad — to focus on what's existential for our country, not for Israel. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: It's, Treasurys, that's, Frito Lay, Will, , Tyson, Jim Cramer's, Jim Cramer, Jim, Pepsi sodas, Brandon Bell Organizations: PepsiCo, Frito, Walmart, TSN, It's, Adobe, Jim Cramer's Charitable, CNBC, Pepsi, Getty Locations: Israel, Kippur, Ukraine, Austin , Texas
PepsiCo on Tuesday boosted its outlook for the year as it posted earnings and revenue that beat expectations. Shares of the company rose more than 2% Tuesday, hitting a new 52-week high. Organic revenue, which doesn't include the impact of acquisitions and divestitures, rose 14.3%. PepsiCo Beverages North America's organic revenue increased 12%, with with Pepsi delivering double-digit net revenue growth and brands like Gatorade and Aquafina delivering high single-digit net revenue growth. The company said it expects its full-year 2023 organic revenue to increase 8%, up from 6%, and core constant currency EPS to increase 9% up from 8%.
PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts' expectations, fueled by higher prices for its snacks and drinks. But the company saw volume fall 2% across its food business worldwide as those price hikes hurt consumer demand. Frito-Lay North America reported flat volume for the quarter, despite double-digit revenue growth for Doritos, Cheetos, Smartfood and many of its other brands. Looking to 2023, Pepsi is projecting a 6% increase in organic revenue and 8% growth in its core constant currency earnings per share. Wall Street is anticipating net sales growth of 3.5% and earnings per share growth of 7.3%.
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