India, Oct. 8 -- Snack and beverage major PepsiCo, Inc. reported Thursday higher third-quarter profit and sales, while core operating margin dropped from last year. Further, the firm trimmed fiscal 2026 core earnings per share growth view, and updated revenue growth forecast.
In pre-market activity on Nasdaq, the shares were trading 2.16 percent higher, at $126.40, after closing Wednesday's regular trading 1.6 percent lower.
Chairman and CEO Ramon Laguarta stated, "Looking ahead, we remain focused on building upon the strength of the International business while acting with urgency to sustainably improve our performance in North America through more investments in innovation, effective brand building, and sharper marketplace execution by ...