PepsiCo Sales Fall, Driven by Beverage Segment

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Pepsi posted lower revenue as it made less in its main beverage segment, though its snacks sales rose as Covid-19 shelter-in-place measures and closures eased

PepsiCo Inc. posted lower revenue for the latest quarter as it made less in its main beverage segment, though its snacks sales rose as Covid-19 shelter-in-place measures and closures eased during the period.

The beverage giant on Monday said second-quarter sales fell 3.1% from the prior year to $15.95 billion. Analysts polled by FactSet were expecting $15.37 billion.

 

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Perhaps Covid-19 stay at home notices gave consumers more time to think on what processed, sugar ladened, nutrient-deficient junk foods and drinks Pepsi Co. are offering? Just sayin’

Boycott Pepsi

Imagine buying soda.

It's because people only drink Pepsi in restaurants that don't have coke 🤣

Charging $5-6.00 for a case of 12 cans of soda might have something to do with it. So does selling a case of filtered tap water for the same amount.

You sure it wasn't just RACISM?

Bad

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