PepsiCo Inc. (NASDAQ: PEP) reported fourth-quarter 2020 earnings results today.
Net revenues increased 8.8% year-over-year to $22.4 billion while organic revenue growth was 5.7%.
Net income attributable to PepsiCo was $1.8 billion, or $1.33 per share, compared to $1.7 billion, or $1.26 per share, last year. Core EPS amounted to $1.47 per share.
For the year 2021, the company expects a mid-single-digit increase in organic revenue. The core constant currency EPS is expected to grow by high-single-digit and annual effective tax to be approximately 21 percent.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,