PepsiCo's North American Sales Dip: Investors Still Cheer
Update: 2025-10-09
Description
PepsiCo defies North American slump with strong international growth, beating Wall Street expectations despite domestic snack and drink sales decline. Facing pressure from activist investors like Elliott Management, Pepsi plans aggressive cost cuts, product innovation, and a North American food business overhaul, while CFO Jamie Caulfield retires and Steve Schmitt steps in, sending shares up despite economic headwinds.
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