PepsiCo Faces Eight Quarters of Volume Declines Amid Price-Sensitive Consumers, Says CEO Ramon Laguarta

PepsiCo has reported eight consecutive quarters of global volume declines, reflecting the impact of tightened household budgets. CEO Ramon Laguarta highlighted that consumers across all income groups are becoming more price-sensitive. Despite the weak volume, PepsiCo is able to guide margins up, demonstrating the effectiveness of post-COVID pricing strategies. The company is focusing on providing the right value equation through brand, package, and channel adjustments to stimulate category growth, according to prepared remarks.