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PepsiCo: Reports Second Quarter 2019 Results

Purchase / NY. (pci) PepsiCo Inc. announced its financial results for the second quarter 2019, that ended on 15 June. «We are pleased with our results for the second quarter,» said Chairman and CEO Ramon Laguarta. «While adverse foreign exchange translation negatively impacted our reported net revenue performance, our organic revenue growth was 4.5 percent in the quarter.»

Laguarta continued, «We are also pleased with the progress on our priorities to make PepsiCo a faster, stronger and better company by building new capabilities, strengthening our brands, adding capacity to grow and transforming our culture. Our performance for the first half and the progress we are making on our strategic priorities give us increased confidence in achieving the 2019 financial targets we communicated earlier this year.» For further details please read PepsiCo’s PDF file below.