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PepsiCo earnings may be pressured by currency fluctuations
2014-12-17 20:21:06| Beverages - Topix.net
PepsiCo Inc earnings could come under pressure in the fourth quarter due to currency fluctuations, investors said, as the company's biggest foreign markets - Russia, Mexico and Canada - have all taken hits to their currencies in recent months. While international expansion has helped PepsiCo diversify, it has exposed it to broader economic problems and forex volatility, particularly as the U.S. dollar has risen rapidly.
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earnings
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Category:Food and Related Products