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Makers of our food and home essentials, including Pepsi and Procter & Gamble, are cutting their financial forecasts for the year and predicting lower sales or profits than before.
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Arabian Gulf Business Insight on MSNGains in Egypt and Turkey help PepsiCo profitRevenue growth at PepsiCo Inc.’s Europe, Middle East and Africa (Emea) division outpaced all its other regional divisions in the first quarter, lifted by stronger demand in Egypt and Turkey. However, ...
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The maker of Doritos and Cheetos also cited a drop in consumer confidence caused by inflation and the global trade war.
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