PepsiCo's Mixed Bag: Revenue Up, Profits Down?
Update: 2025-10-09
Description
PepsiCo's revenue beat expectations at almost $24 billion, but North American snack and drink sales dipped, while international markets surged. Despite higher revenue, net income fell 11%, yet still exceeded per-share estimates. Now, activist investor Elliott Management is pushing for major changes, including a possible portfolio trim and focus on core products, sending PepsiCo stock into a stir.
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