PepsiCo released its fourth-quarter earnings, reporting revenue and profits that were higher than Wall Street expected. The company's global drinks business, especially sodas and low-sugar beverages, saw strong demand in both international markets and the U.S.
Despite strong results, PepsiCo announced that it will lower prices on snacks like Doritos to offer more value to consumers. This move follows several years of price increases in supermarkets.
PepsiCo also confirmed the financial forecast it gave in December for the year 2026, signaling confidence in its longer-term outlook as it works to improve its business in the United States.
PepsiCo wants to offer more value to customers, especially after raising prices in recent years.
PepsiCo's sales and earnings were better than expected, thanks to strong soda sales worldwide and popular low-sugar drinks in the U.S.
PepsiCo produces popular brands such as Pepsi-Cola, Lay's, and Doritos.
No, PepsiCo kept its financial forecast for 2026 unchanged.
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