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2021-10-05
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PepsiCo raises annual revenue forecast as soda demand jumps
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo raises annual revenue forecast as soda demand jumps\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-05 19:19 GMT+8 <a href=https://finance.yahoo.com/news/pepsico-raises-annual-revenue-forecast-100413335.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -PepsiCo Inc raised its full-year revenue forecast on Tuesday, as the opening of public venues including theaters and restaurants following the lifting of pandemic-induced restrictions ...</p>\n\n<a href=\"https://finance.yahoo.com/news/pepsico-raises-annual-revenue-forecast-100413335.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PEP":"百事可乐"},"source_url":"https://finance.yahoo.com/news/pepsico-raises-annual-revenue-forecast-100413335.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2173918267","content_text":"(Reuters) -PepsiCo Inc raised its full-year revenue forecast on Tuesday, as the opening of public venues including theaters and restaurants following the lifting of pandemic-induced restrictions boosted demand for its sodas and snacks.\nThe company said revenue from its North America Beverage unit, its largest business, rose 7% in the third quarter on a double-digit increase in net revenue from food-service joints and strong demand for its Mountain Dew soft drink.\nRevenue from the company's Frito-Lay North America business also rose about 6% in the quarter, signaling that pandemic driven demand for salty and savory snacks was still holding strong despite people starting to spend less time at home.\nHowever, PepsiCo's net attributable income fell about 3% to $2.22 billion, due in part to higher distribution costs as it grappled with rising raw material prices and global supply chains disruptions, which have pressured profit margins at packaged food companies this year.\nNet revenue rose 11.6% to $20.19 billion in the quarter ended Sept. 4, above analysts' estimates of $19.39 billion, according to IBES data from Refinitiv.\nThe company said it was expecting fiscal 2021 organic revenue to rise about 8%, compared with its prior forecast of a 6% increase. https://bit.ly/3lbvOTj\nShares of PepsiCo, which in August announced a $3.3 billion deal to offload Tropicana and other juice brands in North America, were little changed in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":983,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/829037944"}
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