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Gains in Egypt and Turkey help PepsiCo profit

Summary by AGBI
Growth in Emea outpaces US New regional HQ in Riyadh Threat of consumer boycott fades Revenue growth at PepsiCo Inc.’s Europe, Middle East and Africa (Emea) division outpaced all its other regional divisions in the first quarter, lifted by stronger demand in Egypt and Turkey.  However, the US snacks and drinks company trimmed its full-year profit outlook and warned of rising global trade costs. The maker of Pepsi, Gatorade and Lays posted 8 perc…
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AGBI broke the news in on Friday, April 25, 2025.
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