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PepsiCo Inc. entered Europe’s public bond market on Friday with a €1 billion ($1.12 billion) two-part deal, a day after cutting its profit outlook on mounting costs in North America.
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PepsiCo said Thursday it’s raising prices on some chips and drinks after a disappointing third quarter, including soft soda sales and struggles pulling off its turnaround plan.
View the basic PEP option chain and compare options of PepsiCo, Inc. on Yahoo Finance.
View the basic PEP option chain and compare options of PepsiCo, Inc. on Yahoo Finance.
The company said rising costs for fuel, aluminum and agricultural commodities are to blame.
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