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On this episode of Stock Movers: - PepsiCo (PEP) shares are lower after the company decreased its profit outlook, with its recovery in North America taking longer than expected. PepsiCo faces higher costs in North America that are weighing on margins, and will be raising some prices in the coming months after cutting p
PepsiCo lowered its profit outlook as the snack and beverage company faces higher costs in North America that are weighing on margins. Ken Shea of Bloomberg Intelligence has more. ()
PepsiCo, Inc. (NASDAQ: PEP ) stock rose in Thursday’s premarket trading after the company reported better-than-expected third-quarter earnings and revenue. However, PepsiCo lowered its fiscal 2026 earnings outlook as its North American operations continued to face margin pressure. The company also outlined additional c