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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

PepsiCo May See Lower Q3 Gross Margins From Tariff Pressure, 'Stretched' Frito-Lay Pricing

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PepsiCo, Inc. (NASDAQ: PEP) shares are trading slightly higher on Friday.

The global leader in snacks and beverages remains a “defensive” play in a U.S. slowdown, though less so than in past recessions, given stretched Frito-Lay pricing.

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