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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

INSANE: Pepsico may see lower q3 gross margins from tariff pressure stretched frito lay pricing | Rare Historical Photos

PEP PepsiCo Lay FritoLay
November,6,,2022,,Brazil.,In,This,Photo,Illustration,The,Pepsico,

PepsiCo, Inc. (NASDAQ: PEP) shares are trading slightly higher on Friday.

The global leader in snacks and beverages remains a “defensive” play in a U.S. slowdown, though less so than in past recessions, given stretched Frito-Lay pricing.

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