PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
- PepsiCo’s fourth-quarter earnings and revenue topped Wall Street’s estimates.
- The food and beverage giant’s price hikes to mitigate inflation buoyed sales for snacks and drink, but the strategy has also hurt demand.
https://www.cnbc.com/2023/02/09/pepsico-pep-q4-2022-earnings.html