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PepsiCo cuts earnings forecast as it predicts ‘uncertainty' in tariffs, consumer spending
PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America. The food and beverage giant also cut its forecast for core constant currency earnings per share, citing new tariffs, economic volatility and a more cautious consumer.
PepsiCo (PEP) , which owns popular food and drink brands such as Pepsi, Lay’s, Gatorade, Tostitos, Quaker, and more, has ...
The maker of Doritos and Cheetos also cited a drop in consumer confidence caused by inflation and the global trade war.
PepsiCo is facing rising supply chain costs due to tariffs and slowing consumer spending amid an uncertain macroeconomic ...
Consumers have been downgrading their discretionary spending. This morning we learned how the first quarter of the year went ...
PepsiCo on Thursday cut its annual profit forecast and warned of higher production costs and volatility from a global trade ...
PEP stock has posted a positive one-day return after earnings 84% of the time, with a median gain of 1.3% and a maximum ...
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Clearly that uncertainty is dinging consumer-facing companies’ stocks more than others. PepsiCo was down 3% in morning ...
PepsiCo (NasdaqGS:PEP) recently reported its first-quarter earnings, highlighting a decrease in sales and net income compared ...
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