Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Skip main menu Accessibility www.hl.co.uk | Cookie policy | Contact us

Hargreaves Lansdown

Company news

Company news from ShareCast

PepsiCo Q1 profit boosted by international performance

23 Apr, 2024 11:55

A A A

(Sharecast News) - US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.

Net income attributable to PepsiCo came in at $2.04bn or $1.48 per share, versus $1.93bn or $1.40 in the same period a year earlier.

Meanwhile, net revenue ticked up 2.3% to $18.3bn.

Chairman and chief executive Ramon Laguarta said: "During the first quarter, our businesses remained agile and performed well, with a strong performance from our international business.

"We delivered a sequential improvement in our volume trends, and year-over-year growth in our net revenue, operating profit margin and EPS - despite the impact of certain product recalls at Quaker Foods North America and a difficult net revenue growth comparison from the prior year."

The company backed its guidance for 2024. It continues to expect to deliver at least 4% organic revenue growth and at least 8% core constant currency earnings per share growth.

Existing client?
Log in to your account »

Important information

Spread Betting and CFD trading carry a high level of risk to your capital; you should ensure you understand the risks involved. Please read the full risk warning.

Have a question?

Call us on 0117 988 9915
8.00am to 6.00pm (Monday to Friday)

HL Markets account holders
Call us on 020 7573 0055
Email us


ShareCast

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

Market latest

FTSE 100 | FTSE 250 | All Share

FTSE 100 interday chart FTSE 250 interday chart FTSE All Share interday chart
FTSE 100 8,213.49 price-positive +0.51%
FTSE 250 20,164.54 price-positive +0.56%
FTSE All Share 4,469.09 price-positive +0.52%
Dow Jones 38,675.68 price-positive +1.18%
NASDAQ 16,156.33 price-positive +1.99%
Xetra DAX 18,001.60 price-positive +0.59%
Paris CAC 40 7,957.57 price-positive +0.54%
Nikkei 225 38,236.07 price-negative -0.10%
Hang Seng 18,457.00 price-negative -0.10%

Hang Seng disclaimer l Prices delayed by at least 15 minutes



Spread Bets and CFDs are leveraged products. Spread Betting and CFD trading typically require the deposit of a small percentage of the total trade value, profits & losses can quickly exceed your deposits requiring you to make further payments. Ensure that you understand the risks as these products are not suitable for everyone, if you are in doubt seek personal advice. This website does not constitute investment advice.

You can find details of the charges for particular Markets within the relevant Market Information tab, which is located on the Trading Platform next to each Market or by calling IG on 0207 573 0055. Hargreaves Lansdown Asset Management is authorised and regulated by the Financial Conduct Authority, FCA Register number 115248.  IG is a trading name of IG Markets Limited and IG Index Limited. CFDs provided by IG Markets Limited, spread betting provided by IG Index Limited. Both IG Markets Limited (register number 195355) and IG Index Limited (register number 114059) are authorised and regulated by the Financial Conduct Authority.

Please ensure you have read the CFD Key Information Document and Spread Betting Key Information Document to better understand the nature, risks and costs of CFD and Spread Betting products, as well as your potential gains and losses when using them before deciding to invest.