PepsiCo trims sales forecast again amid “normalisation” phase in snacks
The snacks and drinks maker revised its guidance lower for the metric today and expects a low single-digit increase in organic revenue compared to the “approximately” 4% forecast put forward at the second-quarter results stage in July. The July prediction in itself had already been downgraded from “at least” 4%.
Key Takeaways PepsiCo executives said they’re seeing a “slower” recovery of the U.S. consumer as the snack-and-drink giant ...
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PepsiCo Inc.’s stock shed early losses to trade flat Tuesday, after the drinks and snacks company’s fiscal third-quarter ...
PepsiCo (PEP) trimmed its 2024 outlook due to North American sales falling short of expectations, raising concerns about the ...
In the third quarter, PepsiCo generated $23.32 billion in net revenue, a 0.6% decline from the same period a year ago and below Wall Street estimates of $23.76 billion.
PepsiCo Inc (NASDAQ:PEP) shares are trading lower after the company reported mixed third-quarter results and lowered its ...
PepsiCo lowered its full-year outlook for organic revenue but reiterated its forecast for its earnings growth.
PepsiCo, Inc. (NASDAQ:PEP) will release earnings results for its third quarter, before the opening bell on Tuesday, Oct. 8.
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