Pepsico Cuts Growth Forecast Amid Tariffs and Slowed Consumer Spending

Pepsico Cuts Growth Forecast Amid Tariffs and Slowed Consumer Spending

Consumers, worried about the economy, are pulling back on their spending, and that anxiety is translating into lower sales and profits for some of the country’s largest consumer-oriented companies. On Thursday, PepsiCo cut its full-year guidance outlook, citing a reduction in consumer spending as well as the impact the beverage and snacks company is feeling…

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