date:Feb 16, 2019
ge point hit from a stronger dollar.
Stripping off the forex impact and acquisition costs, the company forecast a 4 percent growth in operating revenue this year, higher than the 3.7 percent growth in 2018.
Coca-Cola also warned on Thursday that its earnings per share could fall in 2019, citing a stronger dollar. The forecast pushed its shares down nearly 9 percent.
PepsiCo's shares were up 1 percent in early trading on Friday.
As was the case yesterday with Coca-Cola, all eyes are on PepsiC