Dr. Pepper Snapple cuts its earnings forecast because of Trump's impact on the peso (DPS)
Dr. Pepper Snapple Group CEO Larry Young believes the "uncertainty" that Trump's policies present with regards to Mexico will hurt earnings in 2017.
In the beverage maker's fourth-quarter 2016 earnings call on Tuesday, Young said that he expected foreign currency to "negatively impact our results in 2017."
"The combined effect of both foreign currency translation and transactions is expected to reduce core EPS by approximately $0.11 for the year, primarily driven by the Mexican peso,
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