Pepsi Cuts Full-Year Profit View on Global Trade Uncertainty

Facing tariff headwinds and White House pressure on some of its businesses, PepsiCo Inc. lowered its full-year profit outlook, as an unpredictable US trade policy and worsening consumer sentiment drive up costs and dent demand for the company’s snacks and soft drinks.

The owner of the Gatorade, Lipton and Quaker brands now expects 2025 earnings per share about even with 2024 based on constant currencies, versus an earlier view for growth in the mid single-digit percentage. The company continues to expect a low single-digit rise in organic revenue, which excludes some items, it said in a statement Thursday.