{"id":563294,"date":"2026-02-03T12:44:09","date_gmt":"2026-02-03T12:44:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/563294\/"},"modified":"2026-02-03T12:44:09","modified_gmt":"2026-02-03T12:44:09","slug":"pepsico-pep-q4-2025-earnings","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/563294\/","title":{"rendered":"PepsiCo (PEP) Q4 2025 earnings"},"content":{"rendered":"<p>Packages of  Pepsi are displayed on a store shelf on Oct. 9, 2025 in San Anselmo, California. <\/p>\n<p>Justin Sullivan | Getty Images<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/PEP\/\" target=\"_blank\" rel=\"noopener\">PepsiCo<\/a> on Tuesday reported quarterly\u00a0earnings\u00a0and revenue that topped analysts&#8217; expectations, fueled by improving organic sales across its business.<\/p>\n<p>Demand for the company&#8217;s snacks has been sluggish as consumers balk at higher prices. This year, Pepsi plans to lower prices on products from its North American food division to &#8220;improve competitiveness and the purchase frequency of our brands,&#8221; executives said in prepared remarks. Productivity savings will offset the lower prices, they said.<\/p>\n<p>Shares of the food and beverage giant fell more than 1% in premarket trading.<\/p>\n<p>Here&#8217;s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:<\/p>\n<ul>\n<li>Earnings\u00a0per share: $2.26 adjusted vs. $2.24 expected<\/li>\n<li>Revenue: $29.34 billion vs. $28.97 billion expected<\/li>\n<\/ul>\n<p>Pepsi reported fourth-quarter net income attributable to the company of $2.54 billion, or $1.85 per share, up from $1.52 billion, or $1.11 per share, a year earlier.<\/p>\n<p>Excluding restructuring and impairment charges and other items, the company earned $2.26 per share.<\/p>\n<p>Net sales<strong>\u00a0<\/strong>rose 5.6% to $29.34 billion. Organic revenue, which strips out foreign currency, acquisitions and divestitures, increased 2.1% in the quarter.<\/p>\n<p>&#8220;PepsiCo&#8217;s fourth quarter results reflected a sequential acceleration in reported and organic revenue growth, with improvements in both the North America and International businesses,&#8221; CEO Ramon Laguarta said in a statement.<\/p>\n<p>However, the company is seeing volume declines, particularly for its North American businesses. The metric excludes pricing and foreign exchange fluctuations to reflect demand more accurately. <\/p>\n<p>Global volume for its food fell 2% in the quarter, although global volume for its drinks ticked up 1%.<\/p>\n<p>Pepsi&#8217;s home market was once again the weak point of the quarter, although it is showing signs of improvement. Inflation-weary shoppers have been buying less of Pepsi&#8217;s snacks and drinks in a sign of consumer backlash agianst higher prices.<\/p>\n<p>PepsiCo Foods North America, which spans brands from Quaker Oats to Cheetos, reported that volume fell 1%. PepsiCo Beverages North America, which includes Gatorade, Starry and Poppi, saw volume shrink 4%, though its organic sales rose 2%.<\/p>\n<p>Pepsi also reiterated the outlook for 2026 that the company provided in December. The company is projecting that organic revenue will rise between 2% to 4% and core constant currency earnings per share will increase in a range of 4% to 6%.<\/p>\n<p>In December, Pepsi struck a deal with activist investor <a href=\"https:\/\/www.cnbc.com\/2025\/09\/06\/elliotts-plan-for-pepsico-includes-investing-in-some-of-its-iconic-brands-shedding-others.html\" target=\"_blank\" rel=\"noopener\">Elliott Investment Management<\/a>, which had revealed a roughly $4 billion stake in the company two months earlier. As part of the agreement, Pepsi said it would slash its U.S. product lineup by 20%, cut costs across its food and beverage operations and lower snack prices. Elliott did not receive any seats on Pepsi&#8217;s board.<\/p>\n<p>As Pepsi implements that plan this year, the company is projecting that its North American business will improve, while its international divisions remain &#8220;resilient,&#8221; according to Laguarta.<\/p>\n","protected":false},"excerpt":{"rendered":"Packages of Pepsi are displayed on a store shelf on Oct. 9, 2025 in San Anselmo, California. Justin&hellip;\n","protected":false},"author":3,"featured_media":563295,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[9167,133,64,81,6795,13656,2105,135,42175,11731,67,132,68],"class_list":{"0":"post-563294","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-breaking-news-business","9":"tag-breaking-news-markets","10":"tag-business","11":"tag-business-news","12":"tag-dividends","13":"tag-earnings","14":"tag-food-and-drink","15":"tag-markets","16":"tag-pepsico-inc","17":"tag-retail-industry","18":"tag-united-states","19":"tag-unitedstates","20":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116006765480310576","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/563294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=563294"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/563294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/563295"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=563294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=563294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=563294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}