UBS Raises Price target on Pepsi (PEP) Following 3Q EPS Beat
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October 6, 2015 6:30 AM EDT
PURCHASE, N.Y., Oct. 6, 2015 /PRNewswire/ --
Organic/core1 results
Organic revenue grew 7.4 percent
Core gross margin expanded 120 basis points
Core EPS was $1.35
Core constant currency EPS increased 14 percent
Reported (GAAP) results
Net revenue declined 5 percent reflecting a 12-percentage-point impact of adverse foreign currency translation
Gross margin expanded 115 basis points
A change in accounting for Venezuela operations resulted in non-core pre- and after-tax charges of $1.4 billion, or $0.92 per share2Â
EPS of $0.36, declined 73 percent and includes the Venezuela...
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October 5, 2015 6:01 AM EDT
PLANO, Texas, Oct. 5, 2015 /PRNewswire/ --Â Lay's, one of the marquee brands from PepsiCo's Frito-Lay division, today issued a last call for votes in the "Do Us A Flavor" contest. Since July 27, 2015, consumers have been putting the four finalist flavors Lay's Wavy West Coast Truffle Fries, Lay's Southern Biscuits and Gravy, Lay's New York Reuben and Lay's Kettle Cooked Greektown Gyro to a nationwide taste test. Fan votes will decide which of these four finalist flavors, representing four of the most flavorful cities and towns across the country, should be named the winner and remain on store... More
