PepsiCo cuts earnings forecast as it predicts 'uncertainty' in tariffs, consumer spending
Bottles of Pepsi soda are displayed in a store on March 17, 2025 in New York City.PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America.The food and beverage giant also cut its forecast for core constant currency earnings per share, citing new tariffs, economic volatility and a more cautious consumer."As we look ahead, we expect more volatility and uncertainty, particularly related to global trade developments, which we expect will increase our ...