Market News / Story
PepsiCo has a North America problem -- analysts
Seeking Alpha ·
Seeking Alpha reports: PepsiCo’s third quarter results underscored the challenges in managing a multinational business where tastes and competitiveness vary across geographical lines. Organic sales growth across the business was led by a 9% increase in its European, Middle Eastern, and African segments, while North American foods continued to struggle. Lower prices and new products had a limited impact, offsetting the notable shifts in consumer spending habits and shifts in dietary…