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News 2026-10-07 11:10 UTC

PepsiCo faces pressure to meet targets amid GLP-1 drug threat

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