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...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
...Snacks and drinks seller PepsiCo beat earnings expectations in the first quarter on stronger international sales, but revenue growth still slowed as North American consumers remain sensitive to higher prices...
...PepsiCo reported better than expected earnings on Tuesday, as strong international sales helped offset slowing revenue growth in North America....
...PepsiCo said it expects growth to moderate this year as consumer demand reverts to pre-pandemic levels and declining inflation crimps revenue growth....
...“The negotiations with PepsiCo have been complex, to put it politely....
...US new home sales: Economists have forecast that sales of new homes in the US increased in March to an annualised pace of 670,000 units, up from 662,000 in February....
...Snacks and drinks seller PepsiCo’s quarterly revenue growth slowed down despite raising prices, in a sign that consumers are becoming more hesitant after years of food price inflation....
...like crisps because the public doesn’t think of them like crisps Thwarted in the taste test, Walkers’ lawyers opted for the vox populi, vox dei approach, presenting a survey carried out by its owner, PepsiCo...
...New York state is suing food and drinks giant PepsiCo for plastic waste pollution, the latest lawsuit to try to hold companies to account over their environmental impact....
...PepsiCo upgraded its full-year profit outlook for the third consecutive quarter, as higher prices boost revenue and even as it reports a weaker sales volume and a more “selective” consumer....
...Not even a mighty global brand like PepsiCo, it seems....
...PepsiCo last week reported revenue growth tapered off in its most recent quarter as a result of weak sales in North America....
If so, it’s an interesting call
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
...PepsiCo has upgraded its outlook for the year after its organic revenue grew 13 per cent in the second quarter, boosted by sales in Africa, the Middle East and South Asia....
...At COP28 in Dubai in December, 25 food and agribusiness giants, including Danone, PepsiCo, Nestlé and Cargill, pledged to convert 160mn hectares of land to regenerative practices and committed $2.2bn in...
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
Investor worries about the impact of weight loss drugs on food companies are overdone
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
Potential sale comes after Apollo’s $26bn offer was rebuffed
...Poly’s main sale of Modern and contemporary art was within estimate at HK$68mn (including fees) on April 7, though its equivalent sale last year made HK$148mn....
...Analysts estimate that NetEase, as the publisher of Blizzard games in China, made as much as 5 per cent of its total sales from Blizzard games before the partnership was terminated....
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