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PepsiCo Defies Fears of Consumer Slowdown With Strong Earnings and Forecast

Por: The New York Times Business October 12, 2022

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PepsiCo reported robust on Wednesday, and raised its forecasts for sales and profit this year, in a sign that shoppers continued to spend on soda and snacks despite rapidly rising prices squeezing household budgets.The company, which owns Doritos, Gatorade and other brands along with its namesake soft drink, said that revenue grew by 9 percent in the third quarter, compared with the same period last year, and profit expanded by more than 20... + full article



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