Tags: consumer staples
The maker of snacks and beverages on Tuesday said it expects organic revenue—a measurement that adjusts for items like foreign-exchange translation, acquisitions and divestitures—to grow about 8% for fiscal 2021. It previously expected organic revenue to grow 6%.
The Purchase, N.Y., company sees core constant currency earnings per share growth of at least 11%, compared with its prior outlook of 11%. The company expects core EPS to grow at least 12%, compared with its previous guidance of 12%.PepsiCo Raises Full-Year Expectations While Navigating Supply-Chain Environment – WSJ