Stock Groups

PepsiCo raises annual revenue forecast By Reuters


© Reuters. FILEPHOTO: Pepsi bottles are seen in Pasadena (California), USA, on July 11, 2017. REUTERS/Mario Anzuoni

PepsiCo (NASDAQ) Inc has raised its full year revenue forecast Tuesday due to the easing in pandemic restrictions increasing demand for sodas at theatres and restaurants.

According to the company, fiscal 2021’s organic revenue is expected to increase by about 8% compared to its previous forecast of a 6 percent rise.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is an extremely risky investment. Please make sure you are fully aware of all the costs and risks involved.