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PepsiCo cuts 2026 profit outlook on North America margin squeeze
Dagens IndustriLO·US·about 5 hours ago
PepsiCo reported Q3 profit of $3.04B, up 17% YoY, with revenue of $25.2B (+5.6%), driven by 3% organic volume growth in beverages and foods. The beat signals resilient consumer demand despite pricing pressures, supporting a positive read on consumer staples and broader risk appetite.