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PepsiCo gained after topping quarterly estimates, while Levi Strauss fell despite a profit beat and Constellation Brands faced a fresh round of price-target reductions.
PepsiCo has lowered its profit growth forecast to 1% to 2% in 2026 and is preparing new efficiency measures.
PepsiCo says Poppi is missing growth targets, cutting expected earnout to $12M from $278M.