PepsiCo Q3: Refreshing Brands, Shifting Strategies

PepsiCo's Q3 results are in: a mixed bag of revenue matching expectations but profits edging slightly higher. While beverage sales rebounded, the food division felt the pinch from a new promotional strategy. Innovation and cost-cutting are now the name of the game as PepsiCo tackles shifting consumer tastes and private label competition with refreshed brands and healthier options. Investors are cautiously optimistic, but can PepsiCo deliver? Hosted on Acast. See acast.com/privacy for more information.