News Formal

PepsiCo earnings: Company cuts 2024 guidance as North America sales lag expectations

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 29 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Pepsico Berita

North America,Quaker Foods,Revenue Growth

A recall earlier this year, and consumers push back to higher prices dragged on PepsiCo's fiscal third quarter results.

) on Tuesday revised its 2024 sales outlook after its North America and international sales lagged Wall Street's expectations in the third quarter.

JP Morgan analyst Andrea Teixeira on Tuesday said she expects the stock to remain "negative to neutral." PepsiCo also reiterated expectations of at least an 8% jump in core constant currency earnings per share. Laguarta added that Pepsi's performance in the fiscal third quarter was impacted by "subdued category performance trends in North America," the impact ofAll three of PepsiCo's North America segments fell below expectations, including Frito-Lay, Quaker Foods, and PepsiCo Beverages, as it looks to combat consumer pushback of

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 47. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Gas well fire north of Calgary continues to burn: companyCOCHRANE, Alta. — An energy company says a natural gas well fire that injured five workers north of Calgary continues to burn a day later.
Sumber: SooToday - 🏆 8. / 85 Baca lebih lajut »

Gas well fire north of Calgary that sent five to hospital extinguished, company saysCOCHRANE, Alta. — A fire at a gas well north of Calgary that injured five workers earlier this week has been extinguished.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »