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StockWatch: PepsiCo Beats Earnings Estimates!

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PepsiCo raised its full-year forecast after its latest quarterly earnings and revenue topped analysts’ expectations.

This came despite higher costs and recent problems in the supply chain, as shares rose less than 1% in early trading.

Coca-Cola is to use bulk carriers to shift its cargo in a revision of its supply chains out of Asia.

They will abandon the modern container shipping system and reverted to bulk carriers, due to ongoing supply chain disruptions.

Timestamps:

  • PEP 02:00
  • KO 03:40

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