PepsiCo cuts sales forecast as customers limit spending on snacks, sodas

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The packaged food giant now expects fiscal 2024 organic sales to grow in a low single-digit range.

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Organic revenue in Quaker Foods North America segment slumped 13 per cent during the quarter, following an 18 per cent decline in the second quarter.

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Article Details

Category: BusinessFinance

Markets: India

Topics: PepsiCo annual sales PepsiCo snacks PepsiCo sales PepsiCo sales forecast

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-08 @ 17:39:57 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22954023

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