PepsiCo’s Sneaky Q3 Beat: Earnings Up, New CFO In, But U.S. Snack Sales Slump – What It Means
Q3 Earnings: Small Beat Hides Big Shifts PepsiCo’s third-quarter results delivered a mixed bag. On the headline numbers, the snack and beverage giant slightly beat Wall Street expectations – a welcome surprise given tempered forecasts. Core earnings per share of $2.29 edged past consensus, and net revenue of $23.9 billion marked modest growth Seekingalpha. The company managed this top-line increase…