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PepsiCo Trims Sales Outlook
PepsiCo is giving shoppers a break on chips after years of snackflation
PepsiCo, which makes Doritos, Ruffles, and Tostitos, is trying to win over shoppers with bigger packs of chips after years of inflation.
PepsiCo cuts outlook as consumers cut snack spending
PepsiCo (PEP) trimmed its 2024 outlook due to North American sales falling short of expectations, raising concerns about the strength of the consumer. Yahoo Finance’s Executive Editor Brian Sozzi joins Morning Brief with a recap of his takeaways from the PepsiCo earnings call and what it says about consumer spending.
PepsiCo Trims Sales Outlook as Consumers Remain Squeezed
PepsiCo Inc. trimmed its revenue outlook for the year as cash-strapped consumers, boycotts in the Middle East and a major recall hit volumes of its food and beverages.
2h
on MSN
PepsiCo Reports a 'Slower' Consumer Recovery as Earnings Season Starts
PepsiCo executives said they’re seeing a “slower” recovery of the U.S. consumer as the snack-and-drink giant turned in its ...
2h
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 ...
1h
on MSN
These Stocks Are Moving the Most Today: Super Micro, Alibaba, Wynn, PepsiCo, DocuSign, Roblox, Affirm, and More
Stocks were trading higher Tuesday following sharp losses from Monday as a strong jobs report had traders lowering their ...
6h
PepsiCo trims sales forecast as customers tighten purse strings on snacks, sodas
PepsiCo cut its forecast for annual sales growth on Tuesday as picky consumers in North America limit their spending on sodas ...
6h
on MSN
PepsiCo Posts Weaker-Than-Expected Results, Cuts FY Sales Outlook Again
PepsiCo reported declining third-quarter revenue and profit, and again lowered its full-year sales outlook, as the beverage ...
5h
on MSN
PepsiCo’s stock flat after revenue lags estimates and company trims guidance
PepsiCo Inc.’s stock shed early losses to trade flat Tuesday, after the drinks and snacks company’s fiscal third-quarter ...
8h
on MSN
PepsiCo lowers revenue forecast as sales growth weakens
PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on its snacks and ...
17m
PepsiCo lowers annual revenue forecast, softer demand and geopolitical tensions weigh
In the third quarter, PepsiCo generated $23.32 billion in net revenue, a 0.6% decline from the same period a year ago and ...
9h
PepsiCo lowers revenue forecast on weakening demand in the US
PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on its snacks and ...
52m
Midday stock movers: Nvidia, PepsiCo, Qualcomm
Nvidia's stock rose 3.5% midday after the Financial Times reported that Foxconn was constructing the world's largest factory ...
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