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PepsiCo warned on Thursday that growth and margin recovery in its key North American market was taking longer than planned and said it would pursue additional cost cuts to offset sluggish demand for its snacks and beverages.
By Anuja Bharat Mistry and Alexander Marrow Oct 8 (Reuters) - PepsiCo warned on Thursday that growth and margin recovery in its key North American market was taking longer than
As its core soda business struggles and high inflation pressures its snack operations, some leaner days may be ahead for PepsiCo (PEP) heading into year-end.