Story perspectives

PepsiCo Cuts Full-Year Core EPS Outlook to 2.5%-3.5%

By Drooid · Oct 8, 2026, 2:26 PM UTC · How we work

Summary

PepsiCo Posts Q3 Revenue

Summary

PepsiCo Shares Rise

PepsiCo shares rose about 1% in pre-market trading after the Q3 earnings release.
RBC Capital Markets cut its price target to $150 days before the report.
Analysts warned that input-cost inflation and GLP-1 drug spread threaten snack demand.
International markets lifted organic revenue as global beverage and convenient-food volumes expanded.
Management said it will identify further structural cost-reduction actions in coming months to fund growth investments.

History

Historical Context

After shedding non-core restaurants in 1997, PepsiCo turned to big purchases, buying Tropicana in 1998 and merging with Quaker Oats in 2001, which added Gatorade and boosted its beverage share. The shift toward healthier brands later produced $10 billion in sales, 18 percent of 2009 revenue, illustrating how acquisitions have driven growth and later exposed the company to cost-inflation pressures.

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PepsiCo Posts Q3 Revenue

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