PepsiCo, Inc. (PEP)

The company now

PepsiCo reported on 8 October 2026 that third-quarter net revenue rose 5.6 percent to $25.27 billion, and diluted earnings per share increased 17 percent to $2.23 3. Organic revenue, the company's own measure that leaves out currencies and companies bought or sold, rose 3.1 percent 3. The company cut its 2026 outlook for core constant currency earnings per share growth to 1 to 2 percent, from the low end of 4 to 6 percent 3.

The split is between the world and home: international organic revenue grew 8 percent, while Reuters reported North American food volume flat and beverage volume down 2 percent 418. Finance chief Steve Schmitt said the North American recovery "is taking more time than we planned" 18.

Chairman and chief executive Ramon Laguarta said more structural cost cuts "are being identified and will be implemented in the coming months" 3. The bigger open question is the delivery network: PepsiCo said in December 2025 it intends to give analysts and investors a full update on its North American supply chain and go-to-market systems in late 2026 5. That update, after a year of pressure from the activist investor Elliott Investment Management, decides how the drinks and snacks reach stores 519.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.