JPMorgan Turns Bullish on PepsiCo with New Growth Outlook
JPMorgan upgrades PepsiCo to Overweight with a $164 price target, citing innovation, stronger marketing, productivity improvements, and an improving outlook for snacks and pricing in 2026.
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Campbell's Stock Plunges Despite Sales Beat as Tariffs Squeeze Margins
Campbell's (CPB) shares fell 6% to near 16-year lows despite beating estimates. Q1 sales dropped 3% to $2.68B as tariffs, inflation hit margins. Full-year guidance maintained.
Anheuser-Busch Buys Majority Stake in BeatBox RTD Brand
Anheuser-Busch acquires 85% of BeatBox, a fast-growing ready-to-drink beverage brand, for up to $490M to expand its Beyond Beer portfolio with bold Party Punch flavors.
Kroger Lowers Sales Forecast Amid Intense Grocery Competition
Kroger cuts 2025 sales outlook to 2.8-3% growth as budget-conscious shoppers trade down and competitors slash prices. Stock falls 7% despite beating profit expectations.
Dollar General Raises 2025 Outlook as Budget Shoppers Boost Sales
Dollar General increases full-year profit forecast to $6.30-$6.50 per share after strong Q3 performance, benefiting from consumers seeking value amid economic uncertainty.
P&G Warns of Sharp US Sales Drop as Consumer Spending Weakens
Procter & Gamble reports significant October sales decline in the US, signaling potential holiday season challenges as consumers pull back spending amid economic uncertainty.