As earnings season got fully underway earlier in the month, Delta Air Lines was among the first out of the gate to sound notes of caution, where CEO Ed Bastian said: “Coming into 2025, we were positioned for another year of strong growth. During the conference call with analysts, Chipotle CEO Scott Boatwright said: “In February, we began to see that the elevated level of uncertainty felt by consumers starting to impact their spending habits. Last week, PepsiCo cut its full-year outlook on the heels of consumer pullbacks, and earnings will be flat rather than in the single-digit percentage points (FritoLay sales, in just one example, were down about 4% year on year in the first quarter).
Author: PYMNTS
Published at: 2025-04-28 22:44:29
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