US: Pepsi Bottling reaffirms 2004 forecast
Pepsi Bottling Group has reaffirmed its profit forecast for 2004. In a filing with the Securities and Exchange Commission yesterday, the company said that it expected earnings this year to be between $1.62 and $1.70 per share on volume growth in the low single digits.
According to Reuters Research, analysts were expecting the company to earn between $1.63 and $1.75 per share.
Last week, the bottler's board of directors announced that it will pay a quarterly dividend of $0.01 per share on PBG's common stock. The dividend is payable on 31 March this year to shareholders of record on 12 March.
A recent report on the UK soft drinks market showed that growth in non-carbonates at the expense of traditional carbonated soft drinks is much less marked in the on-premise sector than in the take-hom...
The Pepsi Bottling Group (PBG) has agreed a deal with Hershey Entertainment & Resorts which will see Pepsi become the official beverage at numerous Hershey resorts including Hersheypark, The Hotel Her...
The Pepsi Bottling Group has appointed a new independent auditor....
PepsiCo's president and CFO, Indra Nooyi, has been forced to apologise for remarks she made whilst speaking to the 2005 graduating class of Columbia University's Business School in New York City last ...
PepsiCo has confirmed that it is to drop its low-calorie drink Pepsi Edge....
PepsiCo is rolling out a lime version of its Pepsi and Diet Pepsi brands....
PepsiAmericas yesterday reported a small rise in first quarter net income and earnings per share to US$20.8m and US$0.15 respectively. The results compares to net income of US$20.5m US$0.14 for the fi...
Cadbury Schweppes plans to add Splenda artificial sweetener to Diet 7 Up next month....
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