PepsiCo Cuts Forecast And Deepens Cost Cuts
PepsiCo lowered its fiscal 2026 earnings forecast and announced deeper cost cuts. The company cited sluggish demand and margin pressure in its North American market.
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PEPSICO INC adjusted its 2026 organic revenue forecast to about 3% and cut its core EPS growth view to 1% to 2%. The move follows persistent sales sluggishness and margin pressure in its key North American market. Investors face mounting risks as turnaround timelines stretch with activist oversight.
