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PepsiCo cuts earnings forecast as it predicts ‘uncertainty' in tariffs, consumer spending
PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America. The food and beverage giant also cut its forecast for core constant currency earnings per share, citing new tariffs, economic volatility and a more cautious consumer.
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PepsiCo Inc. lowered its full-year profit outlook, showing that demand for the company’s snacks and soft drinks is wobbling ...
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