PepsiCo forecast surprise drop in 2019 core profit
date:Feb 16, 2019
o's 2019 outlook. While organic sales growth guidance suggests topline strength should continue, EPS suggests the cost of achieving that growth is increasing, Wells Fargo analyst Bonnie Herzog said.

In the October-December period, the company's first quarter under new Chief Executive Officer Ramon Laguarta, sales in its sluggish North America beverages unit rose for the second straight quarter, benefiting from demand for Pepsi sodas, LIFEWTR and bubbly sparkling water and Gatorade Zero.

Howeve
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