PepsiCo Reports Fourth Quarter and Full Year 2014 Results

Company meets or exceeds 2014 financial targets for organic revenue, core constant currency EPS, cash flow, core net ROIC and total cash returns to shareholders(1)-- Fourth quarter core(1) EPS of $1.12 and reported EPS of $0.87-- Full year core(1) EPS of $4.63 and reported EPS of $4.27-- Organic(1) revenue grew 5 percent in the fourth quarter and 4 percent in the full year. Reported net revenue declined 1 percent in the fourth quarter and was even in the full year, reflecting the impact of foreign exchange translation-- Company announces 2015 financial targets consistent with long-term goals-- Company expects to return approximately $8.5 to $9 billion to shareholders through dividends and share repurchases in 2015

PURCHASE, N.Y., Feb. 11, 2015 /PRNewswire/ -- PepsiCo, Inc. PEP, +2.46% today reported core earnings per share of $1.12 for the fourth quarter of 2014 and $4.63 for the full year, on organic revenue growth of 5 percent for the quarter and 4 percent for the full year.
"We are pleased to report that we met or exceeded each of our full-year 2014 financial targets. Our results are a reflection of our diverse global footprint, the strength of our integrated food and beverage product portfolio, successful innovation and exceptional marketplace execution," said Chairman and CEO Indra Nooyi.

Read more at Click here / www.trade4x.net