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Non-Tech : Pepsi -- Gotta Have It?
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To: Mary Ann Shubaily who wrote (6)11/15/1996 9:56:00 PM
From: Alex B   of 27
 
Earnings will be announced only in February. If I am not mistakening, it would be on February 7th. Mean estimate is for 33 cents per share. Don't forget that they also preannounced their 10 cents write-off in the fourth quarter. In a conversation with analysts after 3Q results came out, PEP told that the next 4-5 quarters are expected to be "challenging" in beverage operations, very good in snack business with expected growth in low to mid-teens, and very interesting in their restaurant operations. A lot of things will depend on how successful will be their efforts in refranchising their restaurants. In other words, we will see.

From what I read so far, their domestic sales of beverages has much improved in September and November.
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