PepsiCo beats earnings expectations, lowers guidance as it aims to stabilize North America business
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PepsiCo slashes its profit outlook as the North American revival stalls, sparking investor concern over cost pressures and a new GLP‑1 health trend.
Multiple outlets report on a nationwide recall affecting millions of bottles of Gatorade products distributed across dozens of states.
PepsiCo has issued a massive recall of over 122,000 cases of Gatorade across 37 states due to undeclared food dyes and FDA risk warnings.
Investors are preparing for the start of earnings season with a focus on key reports from PepsiCo, Delta Air Lines, and upcoming Federal Reserve minutes.
PepsiCo plans to raise select chip and soda prices after prior price cuts failed to generate sales growth.
Corporate insurance coverage for GLP-1 weight-loss drugs is declining as companies like PepsiCo remove these benefits to manage pharmacy costs.
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U.S. grocery unit sales fell 1.8% in June, signaling a deepening consumer slowdown that is putting pressure on major food companies like PepsiCo.
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PepsiCo’s Q2 earnings beat expectations but its stock slipped as the company flags rising US inflation pressures.
PepsiCo reports a decline in North American snack and soda sales as economic pressures influence consumer spending habits.