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PepsiCo is scheduled to report third-quarter results before the market opens Thursday, with analysts expecting revenue of $24.95 billion and adjusted earnings of $2.29 a share. The company also plans to raise prices on select chips, dips and sodas in the coming months.
PepsiCo is under pressure to meet growth and margin targets set after Elliott Investment Management took a stake, as GLP-1 weight-loss drugs pose a threat to its snack and drink business. The company's North America business is facing volume contractions due to higher input costs and inflation, with core operating marg