PepsiCo Up on Earnings; Costco Moves on Comparable Sales Miss | Stock Movers
Bloomberg 2026-07-09 15:01:58
Context: PepsiCo's shares rose after the company reported core earnings per share for the second quarter that exceeded analyst expectations. In contrast, Levi Strauss's shares fell despite beating earnings estimates, as its full-year forecast increase was deemed underwhelming. Meanwhile, Costco's shares were impacted by its total comparable sales for June missing analyst estimates.
Key Facts
- PepsiCo reported core earnings per share for the second quarter that beat the average analyst estimate, leading to an increase in its shares.
- Levi Strauss's full-year forecast boost was considered underwhelming, causing its shares to decline despite the company beating earnings estimates with its reported figures.
- Costco reported total comparable sales for June that missed the average analyst estimate, resulting in movement in its shares.