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StockNews.com
StockNews.com
Business
Sristi Suman Jayaswal

PepsiCo (PEP): Buy or Sell?

Renowned beverage and snack food giant PepsiCo, Inc. (PEP) has triumphantly concluded its fiscal second quarter that ended June 17, 2023. It is the seventh consecutive quarter in which it registered a double-digit organic revenue growth and 15% core earnings per share growth, despite swinging consumer demand trends.

Looking forward, PEP expects its full-year 2023 organic revenue to increase by 10% and its core earnings per share to increase by 12%.

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