PepsiCo: Reports Third Quarter 2018 Results

Purchase / NY. (pci) PepsiCo Inc. reported results for the third quarter 2018, that ended on 08 September. «We are pleased with our results for the third quarter», said Chairman and CEO Indra Nooyi in a statement. «We continued to see very strong operating performance from our international divisions, propelled by developing and emerging markets; Frito-Lay North America generated solid net revenue and operating profit growth; and North America Beverages delivered another quarter of sequential improvement in top-line performance. On the strength of our year-to-date results, we have revised upward our full-year organic revenue growth target. Additionally, given the recent strengthening in the U.S. Dollar we have revised our full-year core earnings per share target to reflect our updated expectation of an approximate 1 percentage point headwind from foreign exchange translation». For further details please read PepsiCo’s PDF file below.


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