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KFC Switches PepsiCo Drinks to Coca-Cola at 3,700 U.S.

By Drooid · Oct 25, 2026, 6:04 PM UTC · How we work

Summary

Story summary

KFC will replace PepsiCo drinks with Coca-Cola at its 3,700 U.S. restaurants in January.
PepsiCo held 8.1% of U.S. carbonated soft-drink volume last year, while Coca-Cola held 18.5%.
In 2024 Pepsi fell to third place behind Dr. Pepper for the first time.
CEO Ramon Laguarta said PepsiCo does not feel good about its beverage business.
North American beverage sales shrank 2% by volume in the last quarter.

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Story summary

KFC will replace PepsiCo drinks with Coca-Cola at its 3,700 U.S. restaurants in January.
PepsiCo held 8.1% of U.S. carbonated soft-drink volume last year, while Coca-Cola held 18.5%.
In 2024 Pepsi fell to third place behind Dr. Pepper for the first time.
CEO Ramon Laguarta said PepsiCo does not feel good about its beverage business.
North American beverage sales shrank 2% by volume in the last quarter.