CEO puts spotlight on better focus for the business.

Quarterly sales slump, weaker 2026 outlook to blame.

Company highlights four areas to build a better food system.

Bakery Barn to close Pennsylvania plant later this year.

Company putting $90 million into automation for the facility.

The company confirmed 274 people would be laid off after the decision.

Sees no imminent rebound in consumer sentiment.

If plaintiff amends his claim, PepsiCo has until July 3 to respond.

Transaction valued at approximately $258 million.

Production to shift to New York facilities.