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PepsiCo PEP) delivered better-than-expected Q3 results on Thursday, but its reduced full-year earnings outlook highlighted the challenges that have caused the beverage and snack giant to significantly underperform rival Coca-Cola KO).Year to date, PEP shares have fallen more than 10%, while KO stoc…
PepsiCo beat third-quarter forecasts with core EPS of $2.34 on revenue of about $25.3 billion, but cut its full-year profit outlook as North American volumes…