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PepsiCo (PEP) moves up 2.2% premarket after the company's Q4 numbers beats profit estimates with...
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Thursday, February 14, 8:35 AM ETPepsiCo (PEP) moves up 2.2% premarket after the company's Q4 numbers beats profit estimates with organic growth steady. Retail analyst Rahul Sharma notes the report may be just good enough to deliver confidence that PepsiCo's long-term growth model is on track. It may also relieve some of the pressure off of CEO Indray Nooyi from critics with her restructuring initiatives paying off to a degree.
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