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News 2026-07-09 12:42 UTC

PepsiCo Says Tight Consumer Budgets Are Slowing US Food and Beverage Demand

PepsiCo, Inc. (NASDAQ: PEP ) reported second-quarter results Thursday that topped revenue expectations but fell just short on adjusted earnings, sending the stock lower in premarket trading. While revenue exceeded Wall Street estimates, investors appeared disappointed by a slight adjusted EPS miss, weaker-than-expected