PepsiCo Q4 Earnings Top Estimates; Adopts $10B Share Buyback Program
PepsiCo Inc (NASDAQ:PEP) reported fourth-quarter FY21 sales growth of 12.4% year-on-year, to $25.24 billion, beating the consensus of $24.22 billion. Net revenue from Frito-Lay North America increased 13% Y/Y, Quaker Foods North America rose 9%, and PepsiCo Beverages North America climbed 13%. Latin America sales rose 16% Y/Y, Europe sales grew 8%. The…
Benzinga ·