PepsiCo's Snacking Business to Weigh on Results -- Market Talk

Dow Jones

Apr 21, 2025

0941 ET - Investors are bracing for another soft quarter for PepsiCo as consumption trends in the U.S. appear to have deteriorated for snacking, JPMorgan analysts say in a research note. At the same time, beverages remain lackluster, international has a smaller contribution in the first quarter, and productivity phasing and investments will weight on margins, the analysts say. "While valuation is attractive, the lack of visibility to a rebound in snacking, coupled with the Make America Healthy and Again [movement] and GLP-1 risk keep us on the sidelines," the analysts add on the political and weight-loss medication pressures. JPMorgan raises its target price to $159 a share from $158 a share previously. PepsiCo shares fall 0.9% to $141.62. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

April 21, 2025 09:41 ET (13:41 GMT)

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At the same time, beverages remain lackluster, international has a smaller contribution in the first quarter, and productivity phasing and investments will weight on margins, the analysts say. \"While valuation is attractive, the lack of visibility to a rebound in snacking, coupled with the Make America Healthy and Again [movement] and GLP-1 risk keep us on the sidelines,\" the analysts add on the political and weight-loss medication pressures. JPMorgan raises its target price to $159 a share from $158 a share previously. PepsiCo shares fall 0.9% to $141.62. 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At the same time, beverages remain lackluster, international has a smaller contribution in the first quarter, and productivity phasing and investments will weight on margins, the analysts say. \"While valuation is attractive, the lack of visibility to a rebound in snacking, coupled with the Make America Healthy and Again [movement] and GLP-1 risk keep us on the sidelines,\" the analysts add on the political and weight-loss medication pressures. JPMorgan raises its target price to $159 a share from $158 a share previously. PepsiCo shares fall 0.9% to $141.62. (sabela.ojea@wsj.com; @sabelaojeaguix) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 21, 2025 09:41 ET (13:41 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEP","symbol_name":"百事可乐","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529802351","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529802351","pubTimestamp":1745242860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0941 ET - Investors are bracing for another soft quarter for PepsiCo as consumption trends in the U.S. appear to have deteriorated for snacking, JPMorgan analysts say in a research note. At the same time, beverages remain lackluster, international has a smaller contribution in the first quarter, and productivity phasing and investments will weight on margins, the analysts say. \"While valuation is attractive, the lack of visibility to a rebound in snacking, coupled with the Make America Healthy and Again [movement] and GLP-1 risk keep us on the sidelines,\" the analysts add on the political and weight-loss medication pressures. JPMorgan raises its target price to $159 a share from $158 a share previously. PepsiCo shares fall 0.9% to $141.62. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PEP":"百事可乐"},"translate_title":"百事公司的零食业务将影响业绩——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PEP":1},"content_text":"0941 ET - Investors are bracing for another soft quarter for PepsiCo as consumption trends in the U.S. appear to have deteriorated for snacking, JPMorgan analysts say in a research note. At the same time, beverages remain lackluster, international has a smaller contribution in the first quarter, and productivity phasing and investments will weight on margins, the analysts say. \"While valuation is attractive, the lack of visibility to a rebound in snacking, coupled with the Make America Healthy and Again [movement] and GLP-1 risk keep us on the sidelines,\" the analysts add on the political and weight-loss medication pressures. JPMorgan raises its target price to $159 a share from $158 a share previously. PepsiCo shares fall 0.9% to $141.62. (sabela.ojea@wsj.com; @sabelaojeaguix) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 21, 2025 09:41 ET (13:41 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}