Rare quarterly earnings miss sees PepsiCo shares fall flat

Doritos Dippers on shelf (credit to Mark Mackenzie)

Source: PepsiCo / Mark Mackenzie

Shares in PepsiCo have now slumped by over 20% in the past year.

PepsiCo missed quarterly earnings forecasts for the first time in at least five years in a mixed set of results on Thursday (24 April).

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