PepsiCo Slashes North American Snack Prices by 15% as U.S. Revenue Misses Estimates
PepsiCo second-quarter organic sales growth narrowly missed estimates after the company cut snack prices by as much as 15% in some North American brands, dragging a 2% decline in U.S. food business revenue.
Chief Executive Officer Ramon Laguarta attributed the U.S. slowdown to inflation, a war in Iran affecting gas prices, and consumer demand shifts driven by GLP-1 weight-loss drugs. While international beverage and food franchises accelerated to a 7% growth rate, the snack maker warned of higher input cost inflation in the second half of the year and expects a more gradual U.S. performance recovery.
From the sources (16 posts)
@firstsquawkPEPSICO 2Q CORE EPS $2.20, EST. $2.19 | 2Q NET REV. $24.18B, EST. $23.95B || 2Q OPER PROFIT $4.02B, EST. $4.06B || STILL SEES FY ORGANIC REV. +2% TO +4%, EST. +2.76%
@financialjuice$PEP Pepsi Q2 2026 Earnings Core EPS $2.20, est. $2.19 Rev. $24.81B, est $23.96B Oper profit $4.02B, est. $4.06B Foods North America revenue $6.37B, est. $6.48B Europe, Middle East and Africa rev. $4.98B, est. $4.89B International beverages
@cnbcPepsiCo earnings miss estimates as North American consumers tighten their budgets
@wallstenginePEPSICO $PEP Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $24.181B (Est. $23.96B) 🟢; +6.4% YoY 🔹 Adj. EPS: $2.20 (Est. $2.19) 🟢; +4% YoY 🔹 Operating Profit: $4.02B (Est. $4.06B) 🔴 🔹 Foods North America: $6.37B (Est. $6.48B) 🔴 🔹 EMEA Revenue: $4.98
@businessPepsiCo second-quarter organic sales growth narrowly missed estimates, as lower prices cut into revenue for its North American snacks business
@ftPepsiCo warns of ‘rising inflationary pressures’ for US consumers
@bloombergtvPepsiCo said it saw a 2% decline in revenue in its North American food business and flat volume after cutting prices by as much as 15% in some brands. Bloomberg Intelligence's Ken Shea has more on
@polymarketJUST IN: PepsiCo stock plunges -5% after missing earnings.
@yahoofinance$PEP falls after Q2 earnings miss investor estimates. Keep up with Pepsi in AlphaSpace:
@yahoofinancePepsiCo CEO Ramon Laguarta said that inflation is causing consumers to spend less on snacks and soda during the company's Q2 earnings report.
@alphasenseinc$PEP CEO Ramon Laguarta says the Iran war and its impact on gas prices has been meaningful not only in the U.S. but across the world. In impulse channels they are seeing a slowdown in the conversion of traffic into purchases. They continue
@polymarketJUST IN: Pepsi reveals GLP-1 weight-loss drugs are squeezing consumer appetites, pushing the company to adapt with smaller portions.
@yahoofinancePepsiCo's Q2 earnings report revealed that inflation is causing consumers to spend less on its core products such as snacks and soda.
@wallstenginePepsiCo $PEP warned of “higher input cost inflation” in H2, saying U.S. consumers face “rising inflationary pressures.” CEO Ramon Laguarta said the near-term U.S. outlook “all depends on the price of gas,” while international markets “hav
@ftSales volumes at PepsiCo’s North American snacks business were flat in its latest quarter.
@zerohedge"Results Were Tempered": Pepsi Blames US Snack Slump On Cash-Strapped Consumers