Thu. Aug 5th, 2021

The companys North American beverage business reported natural earnings growth of 21%, the highest of all of Pepsis divisions during the quarter. A year prior, the divisions organic revenue fell 7%. Its volume fell 21%, pushing natural earnings down by 14%. Pepsi also narrowed its projection for 2021 natural earnings development from mid-single digits to 6%.

Bloomberg

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Wizadclick | WAC MAG 2021