PepsiCo Says Gas Prices Cutting Into US Consumer Food Spending
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PepsiCo says high prices at the pump are keeping consumers from heading into the store to buy snacks. The food and beverage giant reported earnings Thursday (July 9) revenues of $24.2 billion for the quarter, climbing 6.4% from the same period last year. However, this growth came from the company’s international business, with North American […] The post PepsiCo Says Gas Prices Cutting Into US Consumer Food Spending appeared first on PYMNTS.com.
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