Pepsi Reports First Quarterly Revenue Drop In 4 Years

NEW YORK, NEW YORK - FEBRUARY 09: Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. PepsiCo reported a drop in their fourth quarter sales due the price hikes on their products that the company passed on to consumers because of higher production costs. (Photo by Michael M. Santiago/Getty Images)
Pepsi Reports First Quarterly Revenue Drop In 4 Years