The TD Cowen analysts said that challenges at the company's Frito-Lay snacks segment were likely to stretch into next year. They said price cuts on items in that segment helped improve third ...
PepsiCo said its third quarter performance in North America was "subdued," hurt by a big recall of its Quaker Oats granola bars and cereals as well as weak demand for its Frito-Lay snacks and drinks.