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Wednesday, 11 October 2023

PepsiCo raises 2023 full-year earnings outlook on Q3 performance, Gatorade loses market share to PRIME

PepsiCo released its 2023 third quarter fiscal year report and beat Wall Street estimates, citing increased demand for smaller-sized snacks and healthier options, as the company faces challenges from PRIME in the sports drink category and anticipates potential long-term impact on its business from Ozempic and other weight-loss drugs.

Read more about it via https://www.foodnavigator-usa.com/Article/2023/10/10/pepsico-raises-2023-full-year-earnings-outlook-on-q3-performance-gatorade-loses-market-share-to-prime?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS

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