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PepsiCo sales beat on higher demand for snacks, beverages


Reuters


April 17 (Reuters) - PepsiCo Inc beat Wall Street estimates for quarterly sales on Wednesday, as consumers bought more of its salty snacks, low-sugar sodas and other beverages.

Net income attributable to the company rose to $1.41 billion, or $1 per share, for the three months ended March 23 from $1.34 billion, or 94 cents per share, a year earlier.

Net revenue rose 2.6 percent to $12.88 billion. Analysts were expecting revenue of $12.70 billion, according to IBES data from Refinitiv.






This article appears in: Stocks , Commodities
Referenced Symbols: PEP




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