PepsiCo Keeping Close Eye on Weight Loss Drugs' Potential Impact on Snack Sales
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PepsiCo CEO says weight loss drugs haven't hurt their business yet, but they're monitoring the potential impact.
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These drugs could change people's eating habits long-term if widely adopted, so food companies need to prepare.
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PepsiCo has already been reworking portfolio for smaller sizes and healthier options that could help if the drugs reduce consumption.
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CFO says the drugs could even be positive if they improve human health, though snacking will continue.
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Price hikes have boosted PepsiCo's bottom line recently, and the company raised its earnings outlook for the third straight quarter.