PepsiCo trims outlook on North American weakness
PepsiCo cut its full-year earnings outlook, citing inflation, higher advertising costs and continued weakness in North America. The company said it is working to reduce expenses and revive sales.
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PepsiCo trims outlook as North American unit underperforms
PepsiCo said its North American unit underperformed and trimmed its outlook. The company reported fiscal third-quarter profit of $3.05 billion, or $2.23 a share, versus $2.6 billion, or $1.90 a share, a year earlier.
Vodafone raises VodafoneThree cost savings target to £1 billion by 2032
Vodafone increased its cost savings target for VodafoneThree to £1 billion ($1.32 billion) by its 2032 financial year, up from £700 million by 2030.