Pepsi Stock Rises After Earnings. Guidance Cut as Shoppers Shun Snacks.

PepsiCo stock rose after posting stronger-than-expected earnings results.

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Despite the stock rise, PepsiCo cut its guidance due to shifting consumer behavior.

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Shoppers have been cutting back on snacks, impacting overall sales projections.

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Pepsi's earnings were boosted by beverage sales, which outperformed expectations.

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The company faces softening demand in its snack divisions like Lay's and Doritos.

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PepsiCo has adjusted its full-year forecast to reflect lower snack sales.

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The snack slowdown highlights changing consumer priorities amid higher inflation.

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Analysts are optimistic about PepsiCo’s ability to maintain growth in the beverage market.

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