Stunning win over American Tommy Paul sets up Italian Open title clash against against Alexander Zverev
sports4 hours ago
The largest bottler of PepsiCo Inc. PEP.N beverages said net income had increased to $162 million, or 70 cents per share, in the second quarter ended on June 16 from $148 million, or 61 cents per share, a year earlier.
Analysts on average were expecting 63 cents per share from the company, which operates in North America, Russia, Spain, Turkey and Greece.
Revenue rose to $3.36 billion from $3.14 billion.
Worldwide sales by volume was up 1 percent as growth in Europe helped offset a decline in Mexico and flat results in the United States.
Pepsi Bottling, which is facing soaring prices for the aluminum it uses for cans and the high fructose corn syrup it uses for sweetener, has seen its gross margins under pressure for some time, but the company said that strong price increases had more than offset a 6 percent rise in costs.
The company, based in Somers, New York, raised its earnings forecast for the full year to a range of $2.02 to $2.07 per share, from a prior outlook of $1.90 to $1.98.
Stunning win over American Tommy Paul sets up Italian Open title clash against against Alexander Zverev
sports4 hours ago
For most, these marketing calls are nothing but annoying distractions — for some, however, it's a job
uae4 hours ago
Pep Guardiola's all-conquering Blues go into the final day of the season on Sunday with a two-point cushion over the Gunners thanks to an eight-game winning streak
sports4 hours ago
The event connected students with global university representatives, parents, and guidance counsellors
kt network4 hours ago
Flagship carriers Emirates and Etihad have issued a statement as some flights in Munich were either cancelled or diverted
aviation4 hours ago
The adjustment applies to a section of the road extending from Ras Al Khor Road to Sharjah in both directions
uae5 hours ago
The actor had been depressed over the past couple of days, his father told the police
entertainment5 hours ago
Some will go on cruise and take a trip abroad, while others will stay home and pick up new skills
uae5 hours ago