PepsiCo's latest quarterly results reveal a decline in North American demand despite strong international sales. The company has cut its earnings forecast due to new tariffs and economic uncertainty, leading to a 2% drop in shares.
PepsiCo's recent $1.65 billion acquisition of Poppi enhances its foothold in the booming healthy drink sector, as consumer preferences shift towards gut health-focused beverages amid rising costs of traditional sodas.
PepsiCo has announced its $1.95 billion acquisition of Poppi, a fast-growing prebiotic soda brand. This move aims to capture the rising demand for health-focused beverages, as Poppi's co-founder expresses excitement for the brand's future.
PepsiCo is acquiring Poppi, the prebiotic soda brand, for nearly $2 billion as soda consumption declines. This move highlights the growing popularity of health-focused beverages amid legal challenges for Poppi.