Pepsi boosts its outlook
PepsiCo Inc. raised its 2016 outlook Thursday after second-quarter profit topped expectations as the company weathered overseas turbulence through cost-cutting and strong U.S. snack sales.
The company upgraded its 2016 profit forecast Thursday — it expects core earnings-per-share of $4.71 for the year.
The company upgraded its 2016 profit forecast Thursday — it expects core earnings-per-share of $4.71 for the year.