- PepsiCo Cuts About 1,000 Jobs In North America As Sales Lag
PepsiCo is reportedly cutting about 1,000 jobs in North America as sales lag. The layoffs come as CEO pushes for the company to 'be faster' and 'more capable'.
Macro·2 articles / 2 outlets·4d ago
- PepsiCo to Cut 1,000 Jobs in North America Restructuring
PepsiCo Inc. is eliminating about 1,000 roles in North America, with the maker of Mountain Dew and Doritos saying it’s looking to simplify its structure.
Macro·1 article / 1 outlet·5d ago
- KFC Switches U.S. Beverage Partner from Pepsi to Coca-Cola in 2027
Coca-Cola has scored another victory in its ongoing war with Pepsi. Starting in January, fast food chicken chain KFC will be offering Coca-Cola products in its U.S. locations. All 3,600 locations nationwide should have made the switch by the spring, Coca-Cola said in the announcement.
Deals·2 articles / 2 outlets·30d ago
- KFC Replaces PepsiCo Beverages With Coca-Cola At US Locations
Fried-chicken chain KFC reached an agreement to serve Coca-Cola Co. beverages at its US locations, dislodging PepsiCo Inc. from a longtime restaurant partner.
Deals·1 article / 1 outlet·30d ago
- PepsiCo Cuts Estimates for Poppi Payout as Soda Sales Decline
PepsiCo Inc. has signaled its Poppi brand of prebiotic sodas is missing the growth benchmarks needed to trigger a bonus payment.
Guidance·1 article / 1 outlet·33d ago
- PepsiCo Cuts Earnings Forecast as North American Turnaround Takes Longer Than Expected
PepsiCo's North American business continues to lag behind its international markets.
Guidance·2 articles / 2 outlets·36d ago
- PepsiCo Raises €1 Billion After Cutting Profit Outlook
PepsiCo Inc. entered Europe’s public bond market on Friday with a €1 billion ($1.12 billion) two-part deal. This move comes a day after the company cut its profit outlook on mounting costs in North America.
Macro·1 article / 1 outlet·37d ago
- Barclays Analyst Says PepsiCo's Share Price Reaction Reflects Rebound After Weakness
Barclays US Equity Research Analyst Lauren Lieberman said PepsiCo’s positive share-price reaction was less a sign of broad optimism than a rebound after a period of weakness. She viewed the company’s acknowledgment that the status quo is not working—and that changes are needed—as the day’s biggest sign.
Earnings·1 article / 1 outlet·37d ago
- Oil Tops $105 As Goldman Execs Eye Massive Bonuses
Oil jitters are back as Brent tops $105, hammering stocks and bonds. A massive new OpenAI financing deal fuels fresh AI bubble warnings.
Macro·1 article / 1 outlet·37d ago
- PepsiCo Lowers Profit Outlook Amid Slower North America Recovery
PepsiCo (PEP) shares are lower after the company decreased its profit outlook, with its recovery in North America taking longer than expected. PepsiCo faces higher costs in North America that are weighing on margins, and will be raising some prices in the coming months.
Guidance·1 article / 1 outlet·37d ago
- PepsiCo Lowers Full-Year Profit Outlook Amid North America Recovery Challenges
PepsiCo reported earnings that exceeded estimates, but the company has lowered its full-year forecast. The snacks and beverage giant indicated that its recovery in North America is taking longer than expected due to mounting costs.
Guidance·1 article / 1 outlet·37d ago
- Fed Minutes and Pepsi Earnings Highlight Key Market Insights Ahead of Trading Day
Investors are gearing up for the trading day with five key insights, including the release of the Fed minutes and earnings from Pepsi. These developments are expected to influence market sentiment and trading strategies.
Macro·1 article / 1 outlet·38d ago
