From Seattletimes · · 50s
PepsiCo investors push for structural changes
PepsiCo investors demand operational shifts as U.S. snack sales drop.
In brief
PepsiCo investors demand operational shifts as U.S. snack sales drop. PepsiCo investors seek structural changes after U.S. snack sales decline amid shifting consumer habits. Originally reported by Seattletimes.
PepsiCo stock down 12%
PepsiCo stock dropped 12% in the past year, trading at six-year lows.
U.S. snack sales decline
U.S. consumers are buying fewer bags of Cheetos and cases of Pepsi.
Investors demand changes
PepsiCo investors want structural changes to improve U.S. snack and beverage performance.
Ramon Laguarta's response
Ramon Laguarta, PepsiCo CEO, said they are open to revisiting options to improve long-term performance.
Possible structural changes
PepsiCo may split operations by geography or business lines to address U.S. performance.
New product strategies
PepsiCo is adding protein-rich snacks and reducing artificial colors in its products.
What to remember
PepsiCo investors seek structural changes after U.S. snack sales decline amid shifting consumer habits.
