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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