PepsiCo's third quarter sales and earnings slightly beat Wall Street expectations
PepsiCo (PEP) beat Wall Street projections on both the top and bottom lines in the third quarter, but its US snacking business continues to experience turbulence. PepsiCo stock rose more than 1% in trading on Thursday. Revenue came in at 23.85 billion, per Bloomberg consensus data. Adjusted earnings per share came in at 2.27. In North America, its beverage business offset an ongoing slowdown in its food ...