PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending

Consumers are so stressed by the economy they're doing less laundry to save on detergent

Tide maker Procter & Gamble said this week that its customers were doing fewer loads of laundry to save money on detergent, the latest sign of a consumer pullback amid economic anxiety caused by trade-war talk and volatile markets. Elsewhere, nervous customers are spending less on body wash, snacks, and burritos as they hunker down for economic turmoil. The White House’s ever-changing tariff regime is injecting record amounts of uncertainty into…

These companies are lowering or outright ditching guidance as tariff chaos grows

Companies are finding it increasingly challenging to forecast earnings amid economic uncertainty.Michael M. Santiago/Getty ImagesCompanies are describing economic conditions now as "volatile" and "impossible to predict."They're overhauling earnings forecasts amid uncertainty caused by Trump's tariffs.Here's a list of companies that have recently lowered or pulled their guidance as a result.Volatile. Challenging. Uncertain.This is the language of…

Big brands are officially worried about American shoppers

Makers of our food and home essentials, including Pepsi and Procter & Gamble, are cutting their financial forecasts for the year and predicting lower sales or profits than before.

PepsiCo unveils major packaging update to iconic snacks: 'Proud to be on the front foot as consumer demand changes'

PepsiCo is giving its snack packaging a small refresh in Australia — and it could be a sign of broader changes to come. In April, Packaging News reported that the company began rolling out recyclable cardboard boxes to replace the soft plastic outer packaging of popular multipack snacks such as Twisties, Doritos, and Cheetos.  The switch doesn't just remove unnecessary plastic from shelves; it also adds two extra packs to each box.  The new boxe…

Coca-Cola lover Trump might have just increased the cost of a Pepsi

Trump’s sweeping tariffs have caused his economic approval rating to drop

Eastman reports solid Q1 operating earnings, CEO warns of upcoming 'headwinds'

KINGSPORT, Tenn. (WJHL) — Eastman Chemical Co. saw earnings increase in the first quarter compared to Q1 2024, and CEO Mark Costa expressed confidence Thursday the company could "deliver strong cash flow and resilient earnings" even amid tariffs and economic uncertainty. Harshbarger criticized for comments about Black congressman, trans people Eastman's earnings per share of $1.57 were 13% better than a year ago, and the slow-to-ramp-up me…