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Yes, I'd Still Buy PepsiCo Stock Despite Q2's Revenue Miss. Here's Why.
PEPPepsiCo(PEP) The Motley Fool·2024-07-14 06:48

PepsiCo is bigger than its current problems The market is still not resoundingly bullish on PepsiCo, to be clear. It simply reversed course on Thursday's intraday sell-off. There's no serious threat of the stock suddenly racing higher without warning. For the three-month stretch ending in mid-June, PepsiCo turned $22.5 billion worth of revenue into an organic profit of $2.28 per share. Not bad. Sales improved 2% year over year, while earnings were up from the year-ago comparison of $2.09. Analysts were only ...