PepsiCo Breaks Down Its Best Year Since 2015
PepsiCo (NASDAQ: PEP) isn't growing as quickly as its beverage-focused rival Coca-Cola (NYSE: KO), but the company is still enjoying its fastest expansion pace in years. That was the main takeaway from the soda and snack giant's recent fiscal fourth-quarter report, which also included an encouraging profit outlook for 2020.
In a conference call with Wall Street analysts, CEO Ramon Laguarta and his team broke down the main wins and losses that affected its recent operating performance while detailing their projection for the new year. Below are a few highlights.
Image source: Getty Images.
Source Fool.com
