Rising costs and sluggish recovery: PepsiCo (PEP.US) lowers its performance guidance due to pressure from North American business
智通财经2026/10/08 11:42According to reports from Zhitong Finance APP, PepsiCo (PEP.US) has lowered its earnings expectations, as the recovery process in the North American market for this snack and beverage giant is taking longer than anticipated. The financial report shows revenue reached $25.27 billion, up 5.6% year-on-year and exceeding expectations by $310 million; adjusted earnings per share were $2.34, beating expectations by $0.04.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pepsi CEO says he is not satisfied with the performance of the beverage business
PepsiCo (PEP.US) CEO: We are not satisfied with the performance of our beverage business.
GlobalFoundries and TSMC sign a $2 billion silicon interposer agreement
GlobalFoundries surged over 5% pre-market after the company signed a $2 billion silicon interposer agreement with TSMC, with an initial term of five years.
US Stock Market Movement: Globalfoundries surges on October 8 due to TSMC agreement and AI packaging
US Stock Market Movement: BP surges on October 8—Rising oil prices, strong Q3 results, and deleveraging
Crypto prices
More
