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"Results Were Tempered": Pepsi Blames US Snack Slump On Cash-Strapped Consumers
"Our North America business was softer than we anticipated..."
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apnews.com
PepsiCo says economic concerns weighed on customers in North American during recent quarter
PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets due to economic…
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cnbc.com
PepsiCo earnings miss estimates as North American consumers tighten their budgets
PepsiCo reported weaker-than-expected quarterly earnings despite strong international demand.
