beverage

Pepsico's Second-Quarter Earnings Beat Expectation

Pepsico's Second-Quarter Earnings Beat Expectation

On Tuesday, PepsiCo, Inc. (NASDAQ: PEP) announced its financial results for the second quarter of fiscal 2018. Both earnings and revenue beat analysts’ estimates, and shares of the company rallied 1.7% in premarket trading on Tuesday.According..

Starbucks Announces That It Will Stop Using Plastic Straws by 2020

Starbucks Announces That It Will Stop Using Plastic Straws by 2020

Starbucks (NASDAQ: SBUX) announced today that it will eliminate single-use plastic straws from its 28,000 global stores by the year 2020. The Company stated that it stores will be offering straw-less lids or alternative-material straw options i..

Coca-Cola Reported Better than Expected Profit

Coca-Cola Reported Better than Expected Profit

Coca-Cola Co. (NYSE: KO) on Friday announced fourth quarter earnings that beat analysts estimate, driven by strong sales of sports drinks and water.The company posted adjusted earnings of 39 cents, 1 cent higher than analysts’ estimates, ..

PepsiCo. Quarterly Profit sees Growth and Exceeds Expectations

PepsiCo. Quarterly Profit sees Growth and Exceeds Expectations

To combat the falling demand for its products and stagnant sales volumes, PepsiCo Inc. (NYSE:PEP) decided to charge higher prices and cut expenses. It proved to work out as PepsiCo Inc.’s quarterly profit beat Wall Street estimates and boosted..