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PepsiCo Q1 sales clear last year's pandemic-inspired surge with innovations in snacks, energy drinks

PepsiCo Q1 sales clear last year’s pandemic-inspired surge with innovations in snacks, energy drinks
PepsiCo sales during the first three months of the year sailed passed the high bar set last year when the pandemic inspired pantry loading, despite challenges during the quarter, including temporary business disruptions due to the severe winter storms that hit Texas and the South.
The company also established a strong foundation for future growth with
“consumer centric innovation” in the energy and snacking segments, where company executives say they see significant growth potential as mobility returns to the US and consumers continue to balance additional obligations that arose out of the pandemic. ....

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PepsiCo Tops Estimates as Pandemic Snacking Helps Fuel 6.8% Revenue Gain

PepsiCo on Thursday reported quarterly earnings that topped analyst estimates as consumers maintained their pandemic snacking habits. ....

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PepsiCo Reports a Solid Quarter, and Here's My Plan

PepsiCo Reports a Solid Quarter, and Here s My Plan
These results were in fact excellent when considering the inconsistency of pandemic induced economic shutdowns and several other factors.
Stocks quotes in this article:
PEP
Long time Sarge holding PepsiCo (PEP) reported first quarter financial results on Thursday morning. The results, in my opinion, were good under normal conditions. These results were in fact excellent when considering the inconsistency of pandemic induced economic shutdowns around the world, severe weather conditions during the period across parts of the U.S., and the severe logistical logjams present at many ports globally.
For the period, PepsiCo posted adjusted EPS of $1.21, easily beating expectations. Revenue generation came to $14.82 billion, up 6.8% year over year, and also better than projected. Net income came to $1.71 billion, up from $1.34 billion a year ago, and good enough for GAAP EPS of $1.2 ....

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Oakland – NBC10 Philadelphia

No cats in your home or cat cafés in your city? Do the next best thing – put yourself in “Koneko,” a Manhattan-based cat café fostering cats from the Angellico Cat Rescue. You’ll have to grab your own cup of coffee, though.
CEO
Feb 24, 2020
Technology isn’t just for humans anymore. It’s also for their furry friends..
In Silicon Valley and beyond, a growing number of startups are selling devices to keep pets safe, healthy, entertained and connected when their owners are away. “Pet tech” entrepreneurs and investors see a big opportunity as pet ownership grows and owners show a willingness to spend serious money on. ....

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Oakland – NBC4 Washington

No cats in your home or cat cafés in your city? Do the next best thing – put yourself in “Koneko,” a Manhattan-based cat café fostering cats from the Angellico Cat Rescue. You’ll have to grab your own cup of coffee, though.
CEO
Feb 24, 2020
Technology isn’t just for humans anymore. It’s also for their furry friends..
In Silicon Valley and beyond, a growing number of startups are selling devices to keep pets safe, healthy, entertained and connected when their owners are away. “Pet tech” entrepreneurs and investors see a big opportunity as pet ownership grows and owners show a willingness to spend serious money on. ....

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