( ) -q-18- UNDATED (Correspondent Jeremy House) “$22.59-billion analysts forecast.” Pepsi reported higher-than-expected earnings in the second quarter even as customer demand for its snacks and drinks continued to slip. [CutID: <Cuts> PEPSI-PROFITS-house-q-THUam.mp3 Time: 18s Title: PEPSI-PROFITS-house-q-THUam Out-cue: $22.59-billion analysts forecast] TAG: Correspondent Jeremy House reporting. —————————- VERBATIM: The Purchase, New York-based company said its […]
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PepsiCo second quarter profits jump, but demand slips
( ) -q-18- UNDATED (Correspondent Jeremy House) “$22.59-billion analysts forecast.”
Pepsi reported higher-than-expected earnings in the second quarter even as customer demand for its snacks and drinks continued to slip.
[CutID: <Cuts> PEPSI-PROFITS-house-q-THUam.mp3
Time: 18s
Title: PEPSI-PROFITS-house-q-THUam
Out-cue: $22.59-billion analysts forecast]
TAG: Correspondent Jeremy House reporting.
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VERBATIM: The Purchase, New York-based company said its net income rose 12% to $3 billion for the April-to-June period. Pepsi said its revenue grew less than 1% to $22.5 billion. That was slightly lower than the $22.59-billion analysts forecast.