If You Invested $1,000 in PepsiCo Stock 5 Years Ago, This Is How Much You'd Have Now
With trailing-12-month revenue of nearly $92 billion, (NASDAQ: PEP) is one of the biggest and most important food and beverage companies in the world. But surprisingly, most people don't realize just how big its portfolio of brands really is.
When people think of Pepsi, they think of its portfolio of carbonated soft drinks. Its portfolio includes well-known names such as Pepsi, Mug Root Beer, Mountain Dew, Crush, and more. And indeed, this is the biggest part of its business, with beverage sales in North America accounting for 31% of its total net sales.
However, nearly 50% of Pepsi's operating income (through the first three quarters of 2023) came from its Frito-Lay division in North America. This segment owns well-known potato and corn chip brands such as Fritos, Lays, Doritos, and Ruffles.
Source Fool.com
PepsiCo Inc. Stock
PepsiCo Inc. is currently one of the favorites of our community with 16 Buy predictions and no Sell predictions.
With a target price of 178 € there is a slightly positive potential of 11.51% for PepsiCo Inc. compared to the current price of 159.62 €.
