YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

PepsiCo swings to a net loss

Posted online

PepsiCo Inc. reported a fourth-quarter net loss of $710 million, compared with earnings of $1.4 billion a year earlier.

The loss was brought about by a $2.5 billion one-time charge related to tax law changes.

Excluding one-time items, earnings per share came to $1.31, ahead of analysts' expectations by a cent.

Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Open for Business: Synergy Executive

Ozark-based men’s substance abuse treatment campus Synergy Executive opened for patients; Old Missouri Bank's sixth full-service branch launched; and Maritime set sail as a brick-and-mortar restaurant.

Most Read