PepsiCo raises full-year profit forecast
In This Article:
July 13 (Reuters) - PepsiCo Inc raised its full-year earnings forecast on Tuesday, betting on accelerating demand for its sodas in theaters, restaurants and stadiums as they pull back crowds following the easing of COVID-19 restrictions.
The company said it expects fiscal 2021 core earnings per share to increase 11%, compared with prior forecast of a high-single-digit increase. (Reporting by Uday Sampath in Bengaluru; Editing by Maju Samuel)
Terms and Privacy Policy