PepsiCo Inc. (NASDAQ: PEP) reported its financial results for the quarter ended March 21, 2020 today.

PepsiCo posted a 5% decline in earnings for the first quarter of 2020 due to higher costs and expenses despite lower provision for income taxes and higher revenue. The company said there is still a great deal of uncertainty that exists in relation to COVID-19.
Due to the uncertainty, the company’s previous financial outlook regarding fiscal 2020 is no longer applicable. However, PepsiCo believes it has adequate flexibility to meet the needs of its business and return cash to shareholders with a strong balance sheet, highly cash generative business, and ample liquidity.
Past Performance
PEP Q4 2019 Earnings Performance
Pepsico Q3 2019 Earnings Results
Most Popular
COST Earnings: A snapshot of Costco’s Q4 2023 financial results
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, on Tuesday reported results for the fourth quarter of fiscal 2024. The company posted revenues of $78.9 billion
What to look for when McCormick & Co. (MKC) reports Q3 2023 earnings
Shares of McCormick & Company Inc. (NYSE: MKC) were down on Tuesday. The stock has fallen 19% over the past three months. The spices and seasonings maker is scheduled to report its
Cintas Corporation (CTAS) Q1 2024 Earnings: Key financials and quarterly highlights
Cintas Corporation (NASDAQ: CTAS) reported first quarter 2024 earnings results today. Revenue was $2.34 billion, up 8.1% from the same period last year. Organic revenue growth was also 8.1%. Net