PepsiCo lowered its sales forecast for the year as consumers in the U.S., China and elsewhere continued to pull back on buying its snacks and drinks.



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PepsiCo trims sales forecast as customers cut back

PepsiCo lowered its sales forecast for the year after consumers in the U.S., China and elsewhere pulled back on its snacks and drinks

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PepsiCo lowers revenue forecast on "subdued" sales in US, China and elsewhere

Pepsi sales slumped as its drinks and Frito Lay snack businesses struggled while inflation-weary shoppers sought value.

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Pepsi sales slide as snack and drink demand sags

PepsiCo has cut its forecast for annual sales growth as picky consumers in North America limit their spending on savory snacks and drinks, while opting for cheaper private-label brands.

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PepsiCo reports Q3 earnings Oct. 8 before market open. A look at the key analyst estimates and items to watch.

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Pepsi Q3 Earnings Preview: Can Beverage Giant Continue Streak Of EPS Beats & Turn Revenue Growth Around? - PepsiCo (NASDAQ:PEP)

PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks. The company, based in Purchase, New York, said Tuesday it now expects its organic revenue — which is adjusted for foreign currency exchanges and the impact of product acquisitions or divestments – to increase in the low single-digit range for the year. It had expected an increase of 4%. PepsiCo said its performan…

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PepsiCo lowers revenue forecast as sales growth weakens

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By Savyata  Mishra (Reuters) -PepsiCo cut its forecast for annual sales growth on Tuesday as picky consumers in North America limit their spending on sodas and savory snacks, while opting for cheaper private-label brands. The company, whose brands include Mountain Dew, 7up and Lays, now expects organic sales to grow in a low single-digit range for fiscal 2024. It had previously forecast a 4% rise. "The cumulative impacts of inflationary pressure…

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Midwest Communications

PepsiCo trims sales forecast as customers tighten purse strings on snacks, sodas

PepsiCo cut its full-year organic revenue forecast on Tuesday after the company reported softer-than-expected sales figures and business disruptions from geopolitical tensions that impacted the company in the third quarter.The snack and beverage giant's 2024 organic revenue growth outlook changed from 4% to a "low-single-digit increase." It projected that international organic revenue growth would surpass that of North America for the year. The …

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PepsiCo lowers annual revenue forecast, softer demand and geopolitical tensions weigh

PepsiCo on Tuesday lowered its organic revenue forecast for the year as cautious U.S. consumers pulled back from buying its snacks and drinks, and the company also recalled sales o...

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PepsiCo cuts annual revenue forecast on weakening demand

PepsiCo lowered its sales forecast for the year as consumers in the U.S., China and elsewhere continued to pull back on buying its snacks and drinks. The post PepsiCo lowers revenue forecast on “subdued” sales first appeared on The Journal Record.

PepsiCo lowers revenue forecast on "subdued" sales in US, China and elsewhere

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