News

GlobalData on MSN21h
PepsiCo’s overseas business props up sales outlook as tariffs weigh on EPS
PepsiCo expects its business outside of North America to be a key driver of its revenue growth this year and for the longer ...
PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending
PepsiCo lowered its full-year earnings expectations Thursday, citing increased costs from tariffs and a pullback in consumer ...
PepsiCo cuts annual profit forecast as tariffs set to drive up costs
PepsiCo on Thursday cut its annual profit forecast as the soda and snacks giant signaled higher production costs and subdued ...
Frito-Lay Tostitos chip recall upgraded to highest risk level — consumption ‘could cause death’
The recall has now been upgraded to Class I, meaning “there is a reasonable probability” that eating the chips could “cause ...
Houston Chronicle16d
FDA upgrades Tostitos Cantina-style chip recall to most severe classification
Here's what to know about the current Frito Lay recall, its severity and other recent Frito Lay recalls. Frito-Lay on March 26 issued a recall of a limited number of 13 ounce bags of Tostitos Cantina ...
Local 12 WKRC Cincinnati18d
Frito-Lay chips recall increased to most severe and dangerous classification
CINCINNATI (WKRC) - The Food and Drug Administration increased the recall of one of Frito-Lay's most popular chips to Class I, meaning "there is a reasonable probability" that eating it "will ...
PepsiCo downgraded to Neutral at BofA on slower snacks growth
As previously reported, BofA analyst Bryan Spillane downgraded PepsiCo (PEP) to Neutral from Buy with a price target of $155, down from $185.
WMAZ2d
PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending
The maker of Pepsi beverages and Frito-Lay snacks said it now expects its core earnings per share to be even with last year. Previously it expected mid-single-digit percentage growth. A 25% tariff ...