18.04.2016 - PepsiCo plans to increase revenues by 4% in 2016
Manufacturer of drinks and snacks PepsiCo reported for the first quarter of this year. Thus, the profit of the company totaled 931 million dollars against 1.22 billion dollars in the same period last year. Revenues decreased by 3% to 11.86 billion dollars. The company also confirmed outlook for revenue growth this year at 4%. We expect growth in the company's stock in the near future by 7-10% on reports that pleased investors.