Coca-Cola Raises 2026 Profit Forecast on Strong Global Demand
Coca-Cola on Tuesday raised its annual profit forecast, supported by strong demand for its beverages in markets such as India, China, Mexico and Brazil. Global unit case volumes increased around 5% in the third...
P&G Warns of Higher Costs as Quarterly Sales Beat Estimates
Procter & Gamble (P&G) has raised its estimate of the impact of rising raw material, energy and freight costs on its fiscal 2027 profit to $1.4 billion, up from the earlier projection of $1...
PepsiCo Faces Pressure to Deliver Growth as GLP-1 Threat Intensifies
PepsiCo is running out of time to deliver the growth and margin improvements promised after activist investor Elliott Investment Management took a roughly $4 billion stake in the company a year ago. The company’s...