PepsiCo Forecasts Annual Profit Below Estimates Amid Weak Soda and Snacks Demand
PepsiCo has forecasted its annual profit to fall below market estimates, citing weak demand for its soda and snack products. The company’s latest financial outlook has raised concerns among investors, as it reflects broader challenges in the consumer goods sector, including shifting consumer preferences and inflationary pressures. The beverage and snack giant reported a 4% […]