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Hosted on MSN29d
PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending
PepsiCo lowered its full-year earnings expectations Thursday, citing increased costs from tariffs and a pullback in consumer spending. The maker of Pepsi beverages and Frito-Lay snacks also said ...
Reuters29d
PepsiCo cuts annual profit forecast as tariffs set to drive up costs
"Relative to where we were three months ago, we probably are not feeling as good about the consumer," PepsiCo Chief Financial Officer Jamie Caulfield said on a post-earnings call. A P&G executive ...
The New York Times29d
Pepsico Cuts Growth Forecast Amid Tariffs and Slowed Consumer Spending
On Thursday, PepsiCo cut its full-year guidance outlook, citing a reduction in consumer spending as well as the impact the company is feeling from increased global tariffs. “Relative to where we ...
WTHR29d
PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending
WASHINGTON — PepsiCo lowered its full-year earnings expectations Thursday, citing increased costs from tariffs and a pullback in consumer spending. The maker of Pepsi beverages and Frito-Lay snacks ...