PepsiCo Posts Lower Sales Than Expected for Third Straight Quarter | Global News Avenue

Pepsi Because the sales are not expected third Directly quarterlyEssence

The snack food and beverage giants reported that the decline in revenue of US $ 27.78 billion decreased, from a decrease of US $ 27.85 billion a year ago, and analysts expected to increase by 27.91 billion US dollars. Pepsi (PEP) Net income is $ 1.52 billion, that is, $ 1.11 per share, slightly higher than $ 1.3 billion a year ago, but far below the consensus estimate of $ 2.61 billion (or $ 1.90 per share).

After adjusting some disposable costs, for example, after impairment and reorganization costs, the net income of Pepsi records is US $ 2.69 billion and $ 1.96 per share. The two cents are better than expected.

Sales in North America are offset by international growth

The sales of the company’s snack food company, Frito-Lay and Quaker Foods’ North American market segment sales decreased, and its beverage sales decreased by 3 % year-on-year. These declines were offset by the growth of the company’s international department.

Looking forward to 2025, Pepsi said that it is expected to increase the number of low -unit units with organic income, and the adjustment of the adjusted EPS middle digits increases. The company also announced that its annual dividend was reduced to $ 5.69 per share, higher than the previous $ 5.42 per share.

After Pepsi has fallen to more than 12 % in the past 12 months, it has fallen by more than 2 % on Tuesday morning.