Pepsi Jumps On Improved Earnings

Perhaps thanks to ad help from Britney Spears and Shakira, PepsiCo saw its fiscal third-quarter earnings were not only were 55% better than last year’s profits, but also beat Wall Street’s forecast by a penny a share. The stock jumped 14.9% to $41.10 as investors celebrated the improved results at most of the company’s divisions.


Tags: ,

| Posted on October 8, 2002 at 8:25 pm in Uncategorized

Related News

Leave a Reply

Comment Rules: No profanity, comments must be related to the post, URLs posted will not be clickable (href is disabled), e-mail addresses in the message body will be deleted, and no personal attacks against other posters.

Allowable HTML: <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>