February 15, 2015 | PepsiCo Press Release
TAGS: vending, beverage news, PepsiCo Inc. PepsiCo fourth quarter, Indra Nooyi |
PRESS RELEASE
Source: PepsiCo | Released Feb. 11, 2015 PURCHASE, NY -- Feb. 11 --PepsiCo Inc. 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% for the quarter and 4% 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.
"As we look ahead to 2015, we expect to again deliver results consistent with our long-term financial objectives, despite the anticipated challenging and volatile global macro environment. Further, returning cash to shareholders remains a top priority, and we plan to return approximately $8.5 to $9 billion to shareholders through both higher dividends and share repurchases."