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PepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price hikes, but higher prices have weakened consumer demand for the company's snacks and drinks. The New York company said Friday that it expects organic revenue growth of at least 4% this year, less than half the 9.5% growth that PepsiCo booked in 2023. For the three months ended Dec. 30, PepsiCo earned $1.3 billion, or 94 cents per share.

PepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price hikes, but higher prices have weakened consumer demand for the company's snacks and drinks. The...

PepsiCo’s profit rose in the fourth quarter, helped by a lower impairment charge, even as its revenue declined slightly

PepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price hikes, but higher prices have hit sales

PepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price hikes, but higher prices have hit sales. The food and drinks company said