Key facts: PepsiCo names new CFO; reports strong earnings and stock rise
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- PepsiCo appointed Steve Schmitt as CFO, effective November 10. The company reported strong quarterly earnings and revenue, boosting its share price by 4.2%.1
- PepsiCo expects low-single-digit revenue growth and narrower margins for FQ4/FY 2025, while returning $8.6 billion to shareholders, focusing on innovation and operational gains.2
- PepsiCo Inc. was the best-performing stock in the S&P 500, with a rise of 3.7% during a broader market selloff caused by President Trump's tariff threats against China.3