Breaking News
Feb 9, 2023
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PepsiCo increased its annual dividend by 10% to $5.06 from $4.60 with the dividend expected to be paid in June 2023.
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PepsiCo said revenue in the fourth quarter increased 10.9% to $28 billion and net income dropped to $535 million from $1.3 billion and diluted EPS fell to 37 cents from 95 cents a year ago.
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Hilton's board of directors authorized regular quarterly cash dividend of 15 cents a share to shareholders on record on February 28 and to be paid on or before March 31.
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Hilton said revenue in the fourth quarter rose 33% to $2.44 billion and net income more than doubled to $327 million from $147 million and diluted EPS increased to $1.21 from 52 cents a year ago.
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PayPal said fourth quarter revenue increased 7% to $7.4 billion and net income increased 15% to $921 million from $801 million and diluted EPS rose to 81 cents from 68 cents a year ago.
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Expedia said fourth quarter revenue increased 15% to $2.6 billion and net income dropped 36% to $177 million from $276 million and diluted EPS declined to $1.11 from $1.70 a year ago.
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Lyft said fourth quarter revenue increased 21% to $1.2 billion and net loss expanded to $588.1 million from $283.2 million, Lyft guided first quarter 2023 revenue of $975 million.
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Chipotle Mexican Grill said revenue in the fourth quarter rose 11.2% to $2.2 billion and net income jumped to $223.7 million from $133.5 million and diluted EPS rose to $8.02 from $4.69 a year ago.
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Comparable store sales rose 5.6% and in-restaurant sales rose 17.5% and digital sales were 37.4% of food and beverage revenue. Opened 100 new restaurants with 90 locations including a Chipotlane.
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Gartner Inc said revenue in the fourth quarter increased 15% to $1.5 billion and net income rose 27% to $257 million from $209 million and diluted EPS rose to $3.21 from $2.50 a year ago.
Feb 8, 2023