PepsiCo's profits have come in flat for the first half of its fiscal year, despite top-line gains across its worldwide snacks and beverage businesses.
The company announced that net profit in the six months to June 11 came in at $3.03 billion. Operating profit leapt by 36% to reach $4.48 billion, while sales rose by 19% to $28.76 billion.
For the second quarter, net profit increased by 18% to $1.88 billion, while operating profits reached $2.75 billion, a 12% increase on the year before. Sales in the three-month period rose by 14% to $16.83 billion.
No comments:
Post a Comment