US soft drinks and snacks giant PepsiCo has said it expects strong first-quarter results, including a 10% rise in revenue.

The company, which owns Frito-Lay snacks and Quaker foods, said performance across all its businesses was strong and it expects earnings per share of around 46 cents.

PepsiCo said that because of the “strong momentum in the businesses” the company now expects full-year earnings per share to be at the high end of its previous guidance of $2.27 to $2.29.

“I am very pleased with the operating momentum that all our businesses are demonstrating at the start of the year. This is our second consecutive quarter of double-digit revenue growth,” said CEO Steve Reinemund.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.