PepsiCo Faces Executive Changes, Tariff Concerns

PepsiCo is undergoing executive changes, with Rachel Ferdinando transitioning from president of PepsiCo Canada to CEO of PepsiCo U.S. Foods, expressing gratitude for his team in Canada and optimism about future growth. Concurrently, the company faces challenges in the coming year due to tariffs and intense market competition, as highlighted by CEO Ramon Laguarta. He stated that while PepsiCo is less affected than many businesses, the new tariffs imposed on Mexico and Canada create uncertainty, leading to a cautious growth outlook for 2025. Despite better-than-expected fourth-quarter earnings, PepsiCo's shares fell 2.5% as analysts expressed concern over muted growth prospects. The company's sales figures varied across regions, with North American sales showing slight declines, while Europe saw a 7.1% increase. Overall, analysts continue to monitor PepsiCo's performance amidst these challenges, maintaining a Moderate Buy consensus rating.