PepsiCo Trims Growth Outlook as Volumes Continue to Slip
WEB4 hours ago · 0:58. PepsiCo Inc. trimmed its growth outlook for the year as volumes of soft drinks and snacks continued to slip. Full-year organic revenue is now expected to grow by a low single-digit ...
PepsiCo lowers revenue forecast on weakening demand in the US
WEB4 hours ago · Updated 3:09 AM PDT, October 8, 2024. PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks. The company, based in Purchase, New York, said Tuesday it now expects its organic revenue -- which is adjusted for foreign currency exchanges and the impact of product ...
PepsiCo Posts Surprise Drop in Quarterly Revenue, Cuts Sales ...
WEB4 hours ago · More. (Reuters) - Pepsico posted a surprise drop in third-quarter revenue on Tuesday and cut its forecast for annual sales growth, as cautious consumer spending in North America weighs on demand ...
PepsiCo lowers revenue forecast on weakening ... - ABC News
WEB4 hours ago · Wall Street had expected revenue of $23.8 billion, according to analysts polled by FactSet. Net income fell 5% to $2.9 billion, or $2.13 per share. That was also short of analysts' forecast of $2. ...
PEPSICO TO ACQUIRE SIETE FOODS FOR $1.2 BILLION
WEBOct 1, 2024 · PURCHASE, N.Y. and AUSTIN, Texas, Oct. 1, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods ("Siete") for $1.2 billion. The acquisition will complement PepsiCo's portfolio with the addition of an authentic, Mexican ...
press releases - Pepsico
WEBpress releases. Contact. US. All Stories Brands & Programs Community Impact Innovation & Tech Performance Sustainability Talent & Culture. Years.
PepsiCo’s Resilient Growth Outlook Amid Economic Challenges ...
WEB5 days ago · PepsiCo (PEP) Company Description: PepsiCo, Inc. is a food and beverage company that owns brands like Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Cheetos, Doritos, Aquafina and Tropicana.
PepsiCo’s second quarter profits jump but customers slow ...
WEBJul 11, 2024 · PepsiCo reported higher-than-expected earnings in the second quarter but acknowledged that after raising prices every quarter for more than two years, customers are not buying as many of its snacks and drinks.
PepsiCo quarterly revenue disappoints on slowing sales of ...
WEBJuly 11 (Reuters) - PepsiCo (PEP.O) missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from private-label brands slowed sales of its snacks and...
PepsiCo’s Resilient Growth Potential Amid Short-Term ...
WEBJun 25, 2024 · News for PepsiCo. PepsiCo’s Resilient Growth Potential Amid Short-Term Challenges. TipRanks. Jun. 25, 2024, 12:55 PM. Goldman Sachs analyst Bonnie Herzog has maintained their bullish stance...