PepsiCo Warns of Weakening Demand as US Snack Sales Decline
PepsiCo has forecast a weak annual profit due to declining demand for snacks and soda in the US market. The company missed Q4 revenue estimates, indicating a challenging environment for consumer goods companies. As part of its plan to boost demand, PepsiCo plans to overhaul its product offerings and introduce new items. However, this strategy … Read more