https://www.live-feeds.com/feed/pepsico-cuts-earnings-forecast-as-north-american-turnaround-takes-longer-than-expectedContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/pepsico-cuts-earnings-forecast-as-north-american-turnaround-takes-longer-than-expectedhttps://www.live-feeds.com/feed/pepsico-cuts-earnings-forecast-as-north-american-turnaround-takes-longer-than-expected#u118818Mon, 12 Oct 2026 23:37:05 +0000PepsiCo lowered its full-year earnings forecast due to a slower-than-expected turnaround in its North American business, driven by high input costs and sluggish demand for snacks and beverages. The company reported better-than-expected quarterly results, but warned that growth and margin recovery in North America would take longer than planned. PepsiCo will pursue additional cost cuts to offset weak demand.Why it mattersThe downgraded forecast reflects challenges in PepsiCo's largest market, where the company faces intense competition and changing consumer preferences. The company's