PepsiCo CEO: Not worried about being targeted by Trump administration's food industry critics

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PepsiCo CEO: Not worried about being targeted by Trump administration's food industry critics

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PepsiCo CEO: Not worried about being targeted by Trump administration's food industry critics

//business-finance.news-articles.net/content/202 .. rump-administration-s-food-industry-critics.html

Published in Business and Finance on Thursday, January 23rd 2025 at 2:00 GMT by AOL
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

PepsiCo CEO Ramon Laguarta states his case to those in the new Trump administration possibly eyeing the health of the food industry.

PepsiCo CEO Ramon Laguarta expressed confidence in the company's ability to navigate the challenges posed by weight-loss drugs like Ozempic, which have been linked to reduced food consumption. During a recent earnings call, Laguarta highlighted that PepsiCo's diverse portfolio, which includes snacks, beverages, and healthier options, positions the company well to adapt to changing consumer behaviors. He emphasized that while there might be shifts in consumption patterns, PepsiCo has a history of evolving with consumer trends, suggesting that the company is not overly concerned about the potential impact of these drugs on their sales. Instead, PepsiCo is focusing on innovation and expanding into healthier product lines to meet new market demands.

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