PepsiCo's bet on price reductions and brand revitalization begins to show results; meanwhile, it warns of cost risks from the US-Iran war.

This provides a buffer against growing macroeconomic uncertainty and the threat of rising costs caused by a potential US-Iran war. Price reductions for Lay’s and Doritos have driven growth in North American food sales. Despite the cost uncertainties brought by a potential US-Iran war, the company has reaffirmed its annual targets. PepsiCo announced a brand refresh for Gatorade. Expand