PepsiCo, Inc. (PEP.F)
- Reuters
Pepsi India bottler Varun Beverages beats quarterly profit view on strong demand
Varun Beverages reported its first-quarter earnings above market expectations on Monday, as the Pepsi India bottler benefited from an uptick in demand for soft drinks due to an early onset of summer. Gurugram-based Varun Beverages' consolidated net profit rose to 5.37 billion rupees ($64.3 million) for the quarter ended March 31, from 4.29 billion rupees in the year-ago period. Consumers opted more for cold beverages amid the sweltering summer heat, helping boost the firm's bottom-line numbers.
- PR Newswire
7-Eleven, Inc. to Release New Limited Edition Gatorade Thirst Quencher Flavor: Midnight Ice
7-Eleven, Inc. is bringing the first taste of midnight to stores nationwide with a new limited-edition flavor of Gatorade Thirst Quencher – Midnight Ice. The release marks the first time Gatorade will be offered in a midnight-inspired color. The crisp and refreshing new flavor will be available exclusively in 28-ounce bottles at participating 7-Eleven®, Speedway® and Stripes® stores.
- Fortune
UPS CFO Brian Newman is departing. But the firm’s CEO is a finance veteran who helped Home Depot survive
Chief executive Carol Tomé will seemingly play a major role in the search for a new finance chief.
