Analysts Warn Shifting Consumer Trends Are Reshaping PepsiCo’s (PEP) Outlook

Core Insights - PepsiCo, Inc. is facing challenges due to shifting consumer trends, leading to a revised price target from Piper Sandler [2] - The company's organic sales increased by 1.3% in Q3, but adjusted EPS decreased by 2% as consumers resist higher prices [3] - Management is focusing on innovation and cost-streamlining to achieve steady product growth despite declining soda consumption [4] Financial Performance - Organic sales growth for PepsiCo in Q3 was 1.3% [3] - Adjusted EPS for the same period fell by 2% [3] Strategic Initiatives - The company is reshaping its product mix and cutting costs, particularly in the supply chain, to adapt to rising demand for healthier snacks and wellness products [5] - Recent acquisitions aim to expand the product portfolio without overlapping core soda and salty snack categories [5]