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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.
Pepsi Stock Rises After Earnings. Guidance Cut as Shoppers Shun Snacks.
The company, most known for its iconic Pepsi soda, also saw growth decline by 1% in its Frito-Lay North America business. The Europe business did better and grew 6% in the quarter
PepsiCo cuts revenue forecast as US demand for snacks and drinks weakens
PepsiCo has revised its organic revenue growth expectations for the year following a continued decline in consumer purchases of its snacks and beverages in the US. The food and beverage giant, headquartered in Purchase,
GlobalData on MSN
15h
PepsiCo’s beverages margin improvement plan “is working”, says CEO
PepsiCo CEO Ramon Laguarta said the company’s domestic beverages division is seeing improvements in margins despite posting a ...
26m
on MSN
US Inflation Likely Cooled Again Last Month in Latest Sign of a Healthy Economy
U.S. inflation last month likely reached its lowest point since February 2021, clearing the way for another Federal Reserve ...
1d
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 ...
GlobalData on MSN
1d
PepsiCo trims sales forecast again amid “normalisation” phase in snacks
PepsiCo is steering toward organic growth of around 1% for the year, a similar pace to the third quarter, as the fragile US ...
1d
PepsiCo lowers revenue forecast on “subdued” sales in US, China and elsewhere
PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on its snacks and ...
Northwest Arkansas Democrat Gazette
22h
Falling oil prices help stock indexes pick up steam
When Treasurys are paying higher yields, investors generally become less willing to pay very high prices for stocks and other ...
1d
PepsiCo earnings: Company cuts 2024 guidance as North America sales lag expectations
A recall earlier this year, and consumers push back to higher prices dragged on PepsiCo's fiscal third quarter results.
9h
on MSN
Mountain Dew is putting the mountain back in its logo
Tapping into nostalgia, the new logo marks the return of “mountain,” which was dropped in 2009 as part of a larger rebrand of ...
1d
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 ...
1d
on MSN
Pepsi sales slide as snack and drink demand sags
Pepsi sales slumped as its drinks and Frito Lay snack businesses struggled while inflation-weary shoppers sought value.
1d
on MSN
Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008
Shares soared Tuesday in Shanghai as Chinese markets reopened after a weeklong holiday but then gave up a chunk of their ...
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