PepsiCo Q3 Results: Strong Overseas Sales, Weak North America
PepsiCo reported better-than-expected third-quarter revenue driven by international demand, but its North American business continued to lag, prompting a cut to its earnings forecast and plans for price increases and cost reductions led by CEO Ramon Laguarta.
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| Oct 8, 11:32 AM | nytimes.com | Shifting Eating Habits Have PepsiCo Investors Seeking Operational Changes |
| Oct 8, 8:00 AM | fooddive.com | PepsiCo plans cost cuts as North American struggles persist |
| Oct 8, 7:43 AM | cnbc.com | PepsiCo cuts earnings forecast as North American turnaround takes longer than expected |
| Oct 8, 5:41 AM | abcnews.com | PepsiCo sees strong overseas demand but lackluster North American performance in Q3 |