PepsiCo reported regional financial results, noting sluggish North American volumes offset by EMEA growth and 16% revenue growth in Latin America Foods.
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What happened
PepsiCo reported regional financial results, noting sluggish North American volumes offset by EMEA growth and 16% revenue growth in Latin America Foods.
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What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.PepsiCo cuts profit outlook amid consumer pressure in North America.1 source
- PepsiCo reported a revenue decline in North America and lost its global partnership with Marriott International.Sub-event
- PepsiCo is facing headwinds in North America, leading to a 2% drop in food sales and resulting in price cuts on brands like Lay's.Sub-event
PepsiCo's regional performance shows North American sluggishness countered by strong Latin American revenue growth.1 source
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The entities involved
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PepsiCo
American soft drink company
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North America
continent in the Americas
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Latin America
region of the Americas where Romance languages are primarily spoken
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