PepsiCo Confirms 2010-2012 EPS Guidance
NEW YORK (
) --
PepsiCo
(PEP) - Get Report
confirmed Monday it expects per-share earnings growth of 11% to 13% in 2010 on a constant currency basis and low-double-digit EPS growth for 2011 and 2012.
Pepsi, the beverage and food giant, meets with investors Monday and Tuesday in New York.
Pepsi also disclosed some performance goals including increasing international revenue at two times the real global gross domestic product growth rate, and growing market share in the top 20 markets for savory snacks and liquid refreshment beverages.
"We are well-equipped to deliver on growth opportunities in both developed and developing markets, thanks to our proven operating culture, our brand-building expertise and our ability to share best practices, products and platforms across our many markets," said Chief Financial Officer Richard Goodman, in a statement Monday.
-- Reported by Joseph Woelfel in New York.
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