PepsiCo Raised More Than Just Its Sales Outlook on Tuesday

PepsiCo (NASDAQ: PEP) shareholders have some more reasons to celebrate. The company recently announced third-quarter results that included surprisingly strong sales and earnings. Those gains came despite major challenges, including supply chain bottlenecks and spiking costs.

Not only did Pepsi navigate through those issues, but the beverage and snack food giant issued its second straight upgrade to its 2021 outlook.

Let's dive right in.

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Source Fool.com