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PepsiCo reports fourth-quarter revenue below forecasts, cites decline in North American sales.
PepsiCo reported a slight drop in fourth-quarter revenue to $27.78 billion, missing forecasts due to a 3% decline in North American snack and beverage sales.
Despite this, global snack and beverage volumes increased by 1%, with strong growth in Africa and Asia.
The company's net income rose 17% to $1.5 billion.
PepsiCo plans to boost productivity through automation and expects low single-digit organic revenue growth in 2025.
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PepsiCo reporta ingresos del cuarto trimestre por debajo de las previsiones, cita la disminución en las ventas norteamericanas.