PepsiCo doubles down on turnaround strategy as gas prices pressure consumers
PepsiCo says it will stick with its North America turnaround strategy despite softer Q2 results, blaming higher gas prices and weaker U.S. consumers rather than execution.
Read the full articleYou might also wanna read
PepsiCo snack rebound stalls in second quarter
PepsiCo said consumers pulled back in the second quarter as gas prices rose, slowing its efforts to revitalize its North American snack busi
PEP Stock Slides Overnight: Wall Street Reconsiders PepsiCo Growth Outlook As Consumer Spending Pressure Dents Prospects
PepsiCo faces cuts to analysts’ price targets as earnings outlook tests investor confidence.
"Results Were Tempered": Pepsi Blames US Snack Slump On Cash-Strapped Consumers
"Results Were Tempered": Pepsi Blames US Snack Slump On Cash-Strapped Consumers PepsiCo blamed the second-quarter slowdown in its North Amer
PepsiCo says economic concerns weighed on customers in North American during recent quarter
PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tighte
PepsiCo says economic concerns weighed on customers in North American during recent quarter
PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tighte
PEP Stock Tumbles After Q2 Earnings – CEO Flags Consumer Budgets Tightening In US From Inflationary Pressures
During the second quarter, PepsiCo’s International segment's organic revenue grew 7%, while North America's organic revenue declined 0.5%.
Comments
Sign in to join the conversation.
No comments yet. Be the first.