PepsiCo, Inc. (PEP) Tops Q3 EPS by 4c

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Go back to PepsiCo, Inc. (PEP) Tops Q3 EPS by 4c

PepsiCo (PEP) Q3 Net Income Slumps on FX, Structural Changes in China, Mexico

October 17, 2012 7:32 AM EDT

How great does an ice-cold Pepsi sound right about now? You can probably buy some Pepsi stock this morning to get the same effect (though we prefer coffee to cola any morning of the week).

Earlier, PepsiCo (NYSE: PEP) reported a 5 percent drop in third-quarter 2012 sales to $16.65 billion, from $17.58 billion in the same period last year. Net income slipped 5 percent as well,... More