PepsiCo reports Q3 revenue growth and lowers 2026 earnings guidance

On October 8, PepsiCo reported Q3 2026 net revenue of $25.274 billion, up 5.6%, and organic revenue growth of 3.1%. It cut full-year core constant-currency EPS growth guidance to 1%–2% from the prior low end of 4%–6%, while revising organic revenue guidance to approximately 3%. The peer results provide a read-through on beverage-sector demand and costs.