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.
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