More On: Coronavirus
Joe Biden Tests Positive for Wuhan Coronavirus Again
Aaron Rodgers, Green Bay Packers Fined for Violating COVID-19 Protocols
Shailene Woodley Defends Aaron Amid Rumored COVID-19 Quarantine Outings
Howard Stern: Aaron Rodgers Should Be Fired for 'Bulls--t' Vaccine Comments
Emilio Estevez Denies Being Anti-Vax After Exiting 'Mighty Ducks' Series
PepsiCo provided an upbeat start to the second-quarter earnings season on Monday. While revenue at the food and drink giant’s North American beverage division dropped 6.6 percent, to $4.97 billion, thanks in part to restaurant shutdowns, the company saw a positive 6.6 percent surge in its snack division as consumers sheltering in place devoured more …
PepsiCo provided an upbeat start to the second-quarter earnings season on Monday.
While revenue at the food and drink giant’s North American beverage division dropped 6.6 percent, to $4.97 billion, thanks in part to restaurant shutdowns, the company saw a positive 6.6 percent surge in its snack division as consumers sheltering in place devoured more of its salty Fritos and Cheetos snacks.
In late-afternoon trading, the stock price climbed 1.3 percent higher, to $136.22.
