Consumer Cos up as Traders Shrug Off Pepsi Warning - Consumer Roundup

Dow Jones

07/10

Consumer companies rose as traders sloughed off a warning about discretionary spending from one major snack maker.

The war-related spike in oil and gasoline prices took a toll on PepsiCo's earnings. Chief Executive Ramon Laguarta said the Iran war had a meaningful impact on sales of the company's snacks and beverages during the latest quarter.

Shares of some sellers of staples, including Walmart and Target, fell slightly.

Used-home sales rose 2.8% in June from a year earlier to a seasonally adjusted annual rate of 4.09 million homes sold, the National Association of Realtors said.

German fashion brand Hugo Boss asked shareholders to reject British retail firm Frasers Group's $2.2 billion takeover bid, saying it undervalued the company.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

July 09, 2026 16:59 ET (20:59 GMT)

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Chief Executive Ramon Laguarta said the Iran war had a meaningful impact on sales of the company's snacks and beverages during the latest quarter. \n</p>\n<p>\n  Shares of some sellers of staples, including Walmart and Target, fell slightly. \n</p>\n<p>\n  Used-home sales rose 2.8% in June from a year earlier to a seasonally adjusted annual rate of 4.09 million homes sold, the National Association of Realtors said. \n</p>\n<p>\n  German fashion brand Hugo Boss asked shareholders to reject British retail firm Frasers Group's $2.2 billion takeover bid, saying it undervalued the company. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 09, 2026 16:59 ET (20:59 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEP","symbol_name":"百事可乐","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2650640972","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650640972","pubTimestamp":1783630740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Consumer companies rose as traders sloughed off a warning about discretionary spending from one major snack maker.The war-related spike in oil and gasoline prices took a toll on PepsiCo's earnings. 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Chief Executive Ramon Laguarta said the Iran war had a meaningful impact on sales of the company's snacks and beverages during the latest quarter. \n\n\n  Shares of some sellers of staples, including Walmart and Target, fell slightly. \n\n\n  Used-home sales rose 2.8% in June from a year earlier to a seasonally adjusted annual rate of 4.09 million homes sold, the National Association of Realtors said. \n\n\n  German fashion brand Hugo Boss asked shareholders to reject British retail firm Frasers Group's $2.2 billion takeover bid, saying it undervalued the company. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n  (END) Dow Jones Newswires\n\n\n  July 09, 2026 16:59 ET (20:59 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}