PepsiCo Cuts Its Profit Forecast and Promises More Cost Cuts as North American Snacks Stall

PepsiCo now expects 1% to 2% core earnings growth for 2026, down from the low end of 4% to 6%. CEO Ramon Laguarta says more structural cost cuts are coming.
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PepsiCo now expects 1% to 2% core earnings growth for 2026, down from the low end of 4% to 6%. CEO Ramon Laguarta says more structural cost cuts are coming.

FSSAI has issued show-cause notices over Celevida GLP+, flagging claims about preserving lean muscle during GLP-1 therapy. Amazon, Flipkart and Netmeds were also served.

A new FDA final rule lets makers of 139 standardized foods use salt substitutes. It is voluntary and takes effect 60 days after October 13 publication.

Natural color maker Oterra will use HowGood's sustainability data to give customers product carbon footprints for selected colors, to support Scope 3 reporting.

Kraft Heinz is rebuilding product listings as modular data so AI shopping agents and retailers can read them. About 85% of title changes are now automated.

Physician's Choice Fiber Jelly packs 6 grams of prebiotic fiber per stick, with no artificial dyes, and reaches 4,501 Walmart stores on October 24.

Four companies have recalled broccoli sprouting seeds tied to a Salmonella outbreak that has sickened 32 people in six states. FDA has not named the seed supplier.

New research links GLP-1 drugs to hair loss, prescriptions for children aged 8 to 11 have risen 310-fold, and the WHO advises against the drugs for kids under 10.

USDA General Counsel Tyler Clarkson says informal food policy, like the voluntary synthetic dye phase-out, can fuel lawsuits and a patchwork of state laws.

Coca-Cola is piloting versions of Coca-Cola Zero Sugar, Sprite Zero Sugar and Fresca with 6 grams of prebiotic fiber, starting in late October.

In a 39-person pilot study, people who stopped GLP-1 drugs regained about 3.6% of body weight with meals or an app, versus 10.75% without support.

Bob Evans has added a Protein Macaroni & Cheese to its refrigerated sides, with 18 grams of protein per serving from milk, cheese and whey protein.