{
  "id": 12891322,
  "title": "PepsiCo Lowers Guidance; Levi Strauss Sales Growth Disappoints | Stock Movers",
  "url": "https://urgent.news/2026/10/08/pepsico-lowers-guidance-levi-strauss-sales-growth-disappoints-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T15:07:57.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/videos/2026-10-08/pepsico-lowers-guidance-levi-strauss-sales-growth-video"
  },
  "original_language": "en",
  "account": null,
  "summary": "PepsiCo (PEP) shares have declined after the company reduced its profit forecast, as recovery in North America has been slower than anticipated. The company is grappling with higher costs in the region, which are putting pressure on margins. PepsiCo plans to raise prices on some of its popular brands in the near future, following a price cut earlier this year. Meanwhile, Microsoft (MSFT) is expanding its presence in film and TV with the launch of a new division called XP, aimed at growing its franchises into other media formats. Lastly, Levi Strauss (LEVI) experienced a drop in its stock as the company reported slower-than-expected growth in its direct-to-consumer channels, attributed to a marketing misstep. The retailer now anticipates a mid-single digit increase in direct-to-consumer growth for the current quarter, following a shift in its marketing strategy to focus on low-rise jeans.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}