PepsiCo Raises Profit Guidance For The Third Consecutive Year

by Trefis Team
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PepsiCo
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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.

Pepsico Q&A 12

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for PepsiCo

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