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PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending
Read full article: PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spendingPepsiCo lowered its full-year earnings expectations Thursday, citing increased costs from tariffs and a pullback in consumer spending.
Wall Street's rally roars into a 3rd day as companies' profits keep piling up, for now at least
Read full article: Wall Street's rally roars into a 3rd day as companies' profits keep piling up, for now at leastU.S. stocks rallied further as better-than-expected profits for U.S. companies piled up, though CEOs say theyโre unsure whether it will last because of uncertainty created by President Donald Trumpโs trade war.
PepsiCo agrees to meet with Al Sharpton over DEI cuts, potential boycott
Read full article: PepsiCo agrees to meet with Al Sharpton over DEI cuts, potential boycottFood and beverage giant PepsiCo has agreed to meet this week with civil rights advocates from the National Action Network to discuss the companyโs recent decision to roll back some of its diversity, equity, and inclusion initiatives.
Al Sharpton calls on PepsiCo to restore DEI initiatives, threatens boycott
Read full article: Al Sharpton calls on PepsiCo to restore DEI initiatives, threatens boycottThe Rev. Al Sharpton has written to the CEO of PepsiCo giving the company three weeks to meet with him โ or suffer a boycott โ to discuss reversing the companyโs recent move to do away with its diversity, equity and inclusion initiatives, according to a letter shared with The Associated Press.
Which US companies are pulling back on diversity initiatives?
Read full article: Which US companies are pulling back on diversity initiatives?A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in 2020.
PepsiCo lowers revenue forecast on "subdued" sales in US, China and elsewhere
Read full article: PepsiCo lowers revenue forecast on "subdued" sales in US, China and elsewherePepsiCo lowered its sales forecast for the year after consumers in the U.S., China and elsewhere pulled back on its snacks and drinks.
PepsiCo's second quarter profits jump but customers slow their purchases after years of price hikes
Read full article: PepsiCo's second quarter profits jump but customers slow their purchases after years of price hikesPepsiCo reported higher-than-expected earnings in the second quarter but acknowledged that after raising prices every quarter for more than two years, customers are not buying as many of its snacks and drinks.
Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain
Read full article: Despite numbers showing a healthy economy overall, lower-income spenders are showing the strainCracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households.

Pepsi's latest product: Water in a can
Read full article: Pepsi's latest product: Water in a canPepsi's plan to reduce plastic waste includes ditching plastic bottles for cans. The company said Friday that its Aquafina-brand water will soon be sold in aluminum cans at US fast food and restaurant chains beginning as soon as next year. "Tackling plastic waste is one of my top priorities and I take this challenge personally," PepsiCo CEO Ramon Laguarta said in a statement. The company said Bubly, its line of flavored sparkling water, will now only be offered in cans. Pepsi said it has committed to using only recyclable, compostable or biodegradable packaging by 2025, and it's pledged to make new plastic bottles using 25% recycled material.