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StockNews.com
StockNews.com
Business
Aanchal Sugandh

PepsiCo (PEP) Earnings Spotlight: Buy or Hold Considerations

Snacks and soda maker PepsiCo, Inc. (PEP) is poised to reveal its fiscal 2023 fourth-quarter earnings on February 9. Analysts anticipate a 1.3% year-over-year revenue upswing to $28.37 billion and a 3.1% increase in EPS to $1.72 for the quarter.

Additionally, on January 31, PepsiCo Beverages North America (PBNA) inaugurated a 150,000-square-foot warehouse in Lisbon, Wisconsin, fortifying its dedication to meet escalating demand. With a six-decade presence, PBNA aims to bolster local operations, innovate for regional clients, and engage with community leaders.

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