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Article: PepsiCo's Strong, Diversified Portfolio and Growth Strategy Deliver Solid Second-Quarter Results; Company Reaffirms Full-Year Guidance.
- Article from:
- PR Newswire
- Article date:
- July 22, 2009
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- Reported EPS Flat; Net Revenue Declined 3 Percent - Constant Currency Core EPS Grew 8 Percent; Constant Currency Net Revenue Grew 5.5 Percent* - Reaffirms Full-Year 2009 Guidance of Mid- to High-Single-Digit Constant Currency Net Revenue and Core EPS Growth - Continues to Invest in Innovation and Key Markets to Drive Long-Term Growth and Profitability
PURCHASE, N.Y., July 22 /PRNewswire-FirstCall/ -- PepsiCo, Inc. today reported solid revenue and operating profit results in the second quarter of 2009, reflecting strong effective net pricing, product innovation and cost discipline. Reported EPS of $1.06 was flat on a 3 percent decline in net revenue. In ...