PepsiCo Raises Year-End Guidance in Strong Q3 Report

PepsiCo raised its 2022 full-year organic revenue guidance to +12% in its Q3 earnings report this week, citing a strong quarterly performance bolstered by North American market share increases in snacks and sports drinks. The New York-based conglomerate surpassed analyst expectations in its quarterly report, announcing Q3 net revenue growth of 8.8% to $21.97 billion.
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