PEP News Explorer

The loss-making firm is attempting a turnaround amid a break-in and fire at its former factory.

Economists forecast that the rise in consumer prices will slow to 2.3 percent in the year through September, the latest evidence that inflation appears to have come under control.

The focus is back on the ongoing debate over the economy and interest rates as headwinds ease.

In the third quarter, PepsiCo generated $23.32 billion in net revenue, a 0.6% decline from the same period a year ago and below Wall Street estimates of $23.76 billion.

A recall earlier this year, and consumers push back to higher prices dragged on PepsiCo's fiscal third quarter results.