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PepsiCo cuts outlook as consumers pull back on spending

DeFi Daily News by DeFi Daily News
October 8, 2024
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PepsiCo (PEP) trimmed its 2024 outlook due to North American sales falling short of expectations, raising concerns about the strength of the consumer. Yahoo Finance’s Executive Editor Brian Sozzi joins Morning Brief with a recap of his takeaways from the PepsiCo earnings call and what it says about consumer spending.

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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Tags: BondsbusinessconsumersCurrenciesCutsEquitiesFXInvestingInvestmentMarketMarketsMoneyNewsNYSEOutlookPepsiCoPersonal FinancePoliticsPullSavingsspendingStock marketstocksYahoo FinanceYahoo FInance Premium
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