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PepsiCo CEO Warns Of Tariffs Led 'Increase In Supply Chain Costs,' Cuts Annual Profit Outlook
Summary
PepsiCo Inc. (NASDAQ: PEP) shares dipped after Q1 FY25 earnings showed a 1.8% year-over-year sales decline to $17.92 billion. While results beat expectations, international headwinds and weaker regional performance dragged profits. The company now expects full-year EPS of $7.92, below estimates.
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Read Full ArticleArticle published on April 24, 2025 by benzinga