Reported about 12 hours ago
PepsiCo has reduced its full-year earnings outlook after facing higher supply chain costs linked to tariffs and a challenging consumer environment. The company reported adjusted earnings per share of $1.48 against expectations of $1.50, while sales reached $17.92 billion, slightly above the forecast of $17.79 billion. The CEO noted expectations of increased volatility and uncertainty in global trade, which may further impact costs and consumer conditions.
Source: YAHOO