The company PepsiCo announced the best results of its third quarter, which ended on September 5.<\/p>\n
Shares of the PepsiCo have fully recovered after the falling in February and March due to the coronavirus pandemic and show the increase of 1.4% since the beginning of the year and 17.34% over the past 6 months.<\/p>\n
Shares of the largest competitor PepsiCo – Coca-Cola, since the beginning of the year fell more sharply – by 10.8%, however, show almost the same growth over the last half of 17.2%.<\/p>\n
The company reported earnings per share increase of 6% to $ 1.66 (compared to last year), which is $ 0.18 more than the average analyst`s estimate of $ 1.48. The previous quarter saw 14% of the decline, that PepsiCo explained by the loss of such large sales channels as cafes, cinemas and gas stations. Pepsi’s total quarterly revenue was $ 2.29 billion, up from $ 2.1 billion a year earlier.<\/p>\n
The company’s management also noted the quarterly losses of $ 147 million in the costs associated with the pandemic, such as more expensive labor and the purchase of personal protective equipment.<\/p>\n
Pepsi’s total revenue for the 3rd quarter grew by 5.3% to $ 18.09 billion, which is also higher than the analytical estimate of $ 17.21 billion. In the last second quarter, the company’s total revenue decreased by 3% compared to the last year.<\/p>\n","protected":false},"featured_media":123655,"menu_order":0,"template":"","newscat":[9],"newstag":[26360,29251,29204,25782,24558,24556,24933,25616],"issues":[],"class_list":["post-123654","news","type-news","status-publish","has-post-thumbnail","hentry","newscat-novosti","newstag-coronavirus-pandemic","newstag-crisis","newstag-pepsi","newstag-pepsico","newstag-kriza","newstag-krizis","newstag-pandemyya-koronavyrusa","newstag-pandemiya-koronavyrusa"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news\/123654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/123655"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=123654"}],"wp:term":[{"taxonomy":"newscat","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newscat?post=123654"},{"taxonomy":"newstag","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newstag?post=123654"},{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=123654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}