This Food Stocks Pro Sizes Up Industry Winners and Sinners. Why PepsiCo Shouldn’t Split.

Industry Overview - The packaged-food and beverage industry is experiencing a theme of "turnaround" in 2023, with varying degrees of success among companies [2] - The industry faces multiple headwinds, including changing consumer preferences, rising input costs, tariffs, and stricter regulations associated with health movements [2] - Many companies are struggling with trailing sales and squeezed earnings due to these challenges [2]