PepsiCo trims revenue outlook as North American snacking, key international markets lag

A truck with Pepsi logo on a semitrailer is seen at Interstate 95 highway in Maryland, United States, on October 21, 2022. PepsiCo on Tuesday lowered its full-year outlook for organic revenue after its second straight quarter of weaker-than-expected sales. Shares of the company fell 1% in premarket trading. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.31 adjusted vs.$2.29 expected Revenue: $23.32 billion vs.$23 ...