PepsiCo CEO Advocates for Science-Based Approach to Artificial Color Elimination
DAVOS, SWITZERLAND - PepsiCo (PEP) CEO Ramon Laguarta seeks to address concerns raised by critics in the new Trump administration. Speaking at the World Economic Forum, Laguarta emphasized PepsiCo's leadership in reducing sodium, sugar, fat, and artificial colors in its products.
Despite the negative sentiment surrounding packaged foods stocks due to the administration's stance, Laguarta remains optimistic. He stated that PepsiCo removed red dye No. 3 from its US portfolio and supports a science-based approach to eliminating artificial colors from food.
Environmental Pressures Impact Stock Performance
However, PepsiCo's stock price has declined by approximately 14% in recent months due to slower growth in snacks and beverages, cautious spending patterns among lower-income households, and a rising US dollar affecting international sales.
Analyst Forecasts and Outlook
RBC analyst Nik Modi anticipates mixed results and a revised 2025 outlook when the company reports on February 4th. He suggests that PepsiCo will prioritize reinvestment to address weaker areas of the business.
Yahoo Finance Coverage
Yahoo Finance Executive Editor Brian Sozzi provides in-depth coverage of the company, including conversations with key executives and industry experts. He offers insights and analysis on PepsiCo's performance, strategy, and the impact of the current economic environment.