PepsiCo Looking to Close U.K. Factory, Threatening Almost 400 Jobs

Snack and beverage maker PepsiCo is considering closing its Walkers Crisp factory in northern England, Reuters reports, threatening 380 jobs. “The changes we are proposing present significant productivity and efficiency savings crucial for ensuring the long-term sustainable growth of our business in the U.K.,” PepsiCo U.K. manufacturing director Tracey Foster told Reuters.

Pepsi Beats Profit Expectations, Boosted By Beverage Sales

PepsiCo Inc. reported Wednesday fourth-quarter earnings that slipped to $1.40 billion, or 97 cents a share, from $1.72 billion, or $1.17 a share, in the same period a year ago. Excluding non-recurring items, the beverage and snack giant’s adjusted earnings per share came to $1.20, beating the FactSet consensus of $1.16.

Pepsi Blows It Out of the Water, but …

PepsiCo notched some impressive wins during the fourth quarter, but initial profit guidance for 2017 may leave some bulls thirsty for more. The soda and snacks giant reported fourth-quarter adjusted earnings of $1.20 a share on Wednesday, solidly beating analysts’ forecasts of $1.16.

Jim Cramer — PepsiCo Is Much Different Than Coca-Cola

Earlier this week, Coca-Cola reported in-line earnings per share results that investors weren’t too impressed with. While the company is admittedly in a turnaround — something Cramer took a closer look at as well — PepsiCo investors want to know if they have something better to look forward to on Wednesday when the company reports before the open .

Coke and Pepsi Justifiably Lost Their Fizz

Ten months ago I wrote an article comparing the prospects for Coca-Cola and PepsiCo . My title was “What’ll You Have Coke, Pepsi or Neither?” The conclusion was that both looked pricey but, if I had to choose one, I’d go with Pepsi.