Thursday 13 August 2020
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wn.com - 1 month ago

PepsiCo records a 3.1% year over year decline in Q2 net sales due to COVID-19 restrictions

PepsiCo records a 3.1% year over year decline in Q2 net sales due to COVID-19 restrictions. The company tops analysts estimates for earnings and revenue in the second quarter. The American food and beverage company did not provide full-year guidance for 2020. PepsiCo Inc. (NASDAQ: PEP) released its quarterly financial results on Monday that highlighted a decline in its revenue in the second quarter. The...


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