Reported about 7 hours ago
PepsiCo is making strides with better-than-expected third-quarter results, driven by strategic innovations and cost efficiency. However, concerns linger over stagnant sales in its core North American market and ongoing pressures from inflation and competition. Analysts from Bank of America express cautious optimism about future growth, yet stress that substantial improvements in consumer demand are necessary for sustainable success, highlighting the need for PepsiCo to prove its capability for consistent volume growth.
Source: YAHOO