PepsiCo (PEP) Tops Q3 EPS by 10c; Bumps FY EPS Higher

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PepsiCo (PEP) said that so far GLP-1s impact on business is negligible

October 10, 2023 8:47 AM EDT

On its earnings call, PepsiCo (NASDAQ: PEP) said that so far GLP-1 drugs' impact on business is negligible.

said they are observing the growth of the weight-loss drugssays their forecasts reflect an increasingly cautious consumer in 2024.... More