PepsiCo Cuts Forecast Amid Weak North American Sales
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PepsiCo reported mixed Q1 results, with international sales offsetting weaker North American demand. Earnings per share were slightly below expectations ($1.48 vs $1.49), while revenue slightly exceeded predictions ($17.92B vs $17.77B). The company lowered its full-year earnings forecast due to tariffs, economic volatility, and cautious consumers. North American beverage and food volumes fell, though some brands showed growth. PepsiCo plans to revitalize its North American business through new product expansion and improved retail presence.
PepsiCo reported mixed Q1 results, with international sales offsetting weaker North American demand. Earnings per share were slightly below expectations ($1.48 vs $1.49), while revenue slightly exceeded predictions ($17.92B vs $17.77B). The company lowered its full-year earnings forecast due to tariffs, economic volatility, and cautious consumers. North American beverage and food volumes fell, though some brands showed growth. PepsiCo plans to revitalize its North American business through new product expansion and improved retail presence.
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