The chief executive has promised the introduction of natural ingredients and portion control to popular products
PepsiCo lowered its full-year earnings expectations in April, citing increased costs from tariffs and a pullback in consumer spending. Photo: PA
International growth helped buoy PepsiCo’s second-quarter earnings, with the snacks and beverage giant saying it plans to lean into higher-protein offerings and smaller portion sizes.
The company – which owns the Gatorade, Tropicana and Walker’s (Lay’s in the US) brands – reported organic sales growth of 2.1pc in the quarter ending June 14, outpacing the average analyst estimate. Earnings per share were $2.12 (€1.83), also higher than market expectations.
source